I've been looking so long at these pictures of you
That I almost believe that they're real
I've been living so long with these pictures of you
That I almost believe that the pictures are all I can feel
Stepping back from the daily chart and examining a longer horizon, the set-up for 10 yr yields appears bullish as well.
On a multi-yr weekly chart, the TNX looks cup-and-handlish.
Technical analysis 101 posits that similar conclusions drawn from analysis of multiple time horizons strengthens the message.
Remember that when the technical picture for bond yields is bullish, the picture for bond prices is necessarily bearish, as yields and prices move in opposite directions.