10 Year T-Note Futures (ZB1!) , H4 due for bearish dip
Preferred cases: Price is near level of 153’15 in line with 38.2% . Price can potentially dip to the take profit level of 151’08 in line with 127.2% and 78.6% . Our bias is supported by the indicator as it is near .
Fundamentals : With the Russo-Ukraine conflict escalating to an all out war , prices of bonds will continue to increase as investors flock to safe haven assets. Technicals and fundamentals do not line up thus there is a risk on factor when looking into ZB1!