US 10 yr Treasuries.
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I have gone full nuclear on treasuries tonight! The decline off the high at 124.95 is looking more like a five wave structure now. And I have labeled it as such this evening. The price hit a low at 123.24 today, not quite breaking the previous wave (i) high but close enough to get serious about wave '3' down.
A break of that previous wave (i) will be a heavy signal that we have turned down.
On Monday, watch for wave (ii) to begin a three wave correction higher which should hit 124.00 again.
If this action occurs, then we are on, to turn down in a big way in wave '3'.
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