Did The 10YR Just Roll Over?

 

US 10 yr Treasuries.

 

1 hr

 

4 Hours

 

Daily

 


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'.

Want to know the next big move in the Dollar, GOLD and the DOW? Check out our membership plan over at Bullwaves.org, You ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.