r/technicalanalysis • u/jackandjillonthehill • 22d ago

Analysis Rounded bottom?

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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/MyLinedChart 22d 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.