Ten Year T-Notes Still Holding Above Support Zone
The daily bar chart of the 10-year T-note futures contract shows that the market is continuing to advance after hitting the support zone. Still, the RSI has closed below 38, which is a bearish sign. I would watch for a test and possible false breakout of the down trend line. Tomorrow’s employment data will be key.
The morning view of the TradeFlow Chart shows that buyers currently have a slight edge over sellers based on the buy volume line (green) moving above the sell volume line (red) of the TradeFlow Volume Cross Study.