A Look At the Ten Year Treasury

Over the past 4 years, I have been “lucky” enough to find Magic T’s in the Ten Year Treasury that correctly predicted Price movements in strength and weakness. Those T’s kept me on the correct side of the rate environment.

Sometimes looking at older charts can help you “predict” the future. This historical chart on $TNX shows 3 long T’s, and 1 short one that were discovered in real time.

The following chart shows an additional T that I discovered, together with my notes as that T, and the one before it progressed:

I am now suggesting that the T in $TNX that will last until September 18.

There is no T in the 30 Year $TYX, but there is a T in the 5 Year $FVX, and that is scheduled to end November 10.

Rates do not move all at the same time, and of course, they do push and shove on each other. There is no equivalent T in the 2 Year Treasury.

These T’s will be instrumental in deciding when to move funds into longer dates Treasuries, or their equivalent ETFs, and out of the shorter term Treasuries.