The 10-year Treasury bond has Broken Out of its Rising Wedge (Pink) for its Retrace to 125-16
The 10-year t-note has broken out of its extended rising wedge (pink) for its retrace to 125-16.
Watch out for the bounce off the orange megaphone bottom to retest the wedge bottom.
Note that the 10-year Treasury bond must return to at least the navy-blue megaphone VWAP at 127-19ish after reaching 125-16 and could go for the navy blue megaphone top.