10Y Yield Target Achieved

10y yield also follows the weekly bullish signal quite strictly for the past couple of years. As of recent, it has achieved TP3 target of weekly bullish signal, which is most likely a major top and correction/pullback coming soon.

Yield sensitive stocks could benefit a lot from this move, e.g. XLU, XLP. Try to avoid housing related tickers like ITB as housing industry is brewing a much bigger problem right now.