USB10Y/USD Trading Plan
Date: January 12, 2025 - January 17, 2025
Current Price: 107.276
Market Overview
The USB10Y/USD is currently showing a mixed technical outlook with a short-term bearish bias. The current trading zone indicates a potential short position based on the overall sentiment and technical indicators. Support levels are positioned below the current price, while resistance is slightly above.
Daily Breakdown
| Date | Outlook | Support Level | Resistance Level | Trading Action |
|---|---|---|---|---|
| January 12, 2025 | Bearish | 105.357 | 108.000 | Consider shorting at resistance |
| January 13, 2025 | Neutral | 105.357 | 108.000 | Watch for breakout above resistance |
| January 14, 2025 | Bearish | 105.357 | 108.000 | Short if price retraces to resistance |
| January 15, 2025 | Bearish | 105.357 | 108.000 | Short position if bearish signals confirm |
| January 16, 2025 | Neutral | 105.357 | 108.000 | Monitor for volatility; avoid new positions |
| January 17, 2025 | Bearish | 105.357 | 108.000 | Consider shorting at resistance if it holds |
Technical Indicators
The following technical indicators have been analyzed:
- 9/13 Count: Buy signal
- EMA and SMA (10, 20, 30, 50, 100, 200): All indicating a bearish trend
- CCI: Long signal
- RSI: Neutral
- Stochastic: Neutral
Sentiment and Seasonality
Current trader sentiment is mixed with a slight bearish bias. Seasonality indicates a tendency for downward movement during this period.
Conclusion
Traders should consider short positions at resistance levels while monitoring for any bullish reversals or breakouts. Be cautious of potential volatility and adjust positions accordingly.