10 Year US Treasury Bond To Reach Over 108 By End Of Year

Seeking Alpha Analyst Since 2012
I expect the 10 Year US Treasury Bond (IEF) to reach over 108 by the end of the year. This is based on the fact that magenta line reached the bottom of the channel on the monthly chart.
Here's a chart of the 10 Year US Treasury futures (price is green) and the Accelerator™ indicator lines. The minimum 108 target price is for the ETF (IEF) however which is currently 101.94.
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