Interest Rate Direction- Going Down?

If Interest Rate Direction is something that is an important to you, you will appreciate this....Especially if you are buying a home in Jackson TN

Here are the charts of the /ZN futures- 10 year note. ( The price goes HIGHER, INTEREST RATES go LOWER

I had to point out this long term High Handle on a typical Cup and Handle Pattern

All the tight price action shown here is building pressure and strength.

  Notice a series of Higher Highs on the Daily Chart

The hourly charts may be over extended and could see a pull back or even a sideways movement, but we are headed to NEW HIGHS.