Ten-Year T-Notes Breaks Down
The daily bar chart of the 10-year T-note futures contract traded right through the support zone. The ongoing weak RSI readings indicated the trend.
The Constant Volume Chart (set to 10,000 contracts) with the RSI and ChartTrader show the clearly defined down trend. I include the volume study to know when a bar is about to close.
The intraday view of the T-note market using the TradeFlow Chart has the two studies set to five-bar running sums and the ChartTrader attached. The small recovery from the lows by the market does not appear to have much buying yet based on the peaks of the buy volume line of the TFVCrss study just tracking the peaks of the sell volume line.


