10 year US Treasury notes update - 30 October 2024

Macro Updates Oct 30, 2024

You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.

10 Year Notes - 80 day cycle trough zone being tested.

We last updated on 21 October and were looking for a 20 day cycle trough around 24 October, a counter-trend bounce and then down hard into an 80 day cycle trough. The roadmap so far has been accurate, although we expected the 80 day cycle trough to occur later and it could be forming now.

Christopher Grafton CMT

Chris has been involved in the markets for 20 years. He is the author of Mastering Hurst Cycle Analysis and is an experienced working technician. Chris holds the CMT qualification.