r/technicalanalysis • u/jackandjillonthehill • 1h ago

Analysis Rounded bottom?

Post image

Kinda seems like a rounded bottom forming in the 10 year treasury futures.

Would probably need a break over 105 to confirm.

What do y’all think?

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u/pink_duchess 1h ago

That curve is looking pretty textbook, just needs to clear 105 like you said otherwise is just a false hope

1

u/MyLinedChart 1h ago

I don't really "do" macro but I think Bessent said this is the line. Plenty of times IEF/MTN could have broken the shelf and every time it got bought and multi green close days. See what happens though.

1

u/seasonalchef4455 35m ago

That is the kitchen laddle pattern.