Bonds are breaking out of a big base on volume. We had 5 waves down to the October 23 low, now forming a breakout of an inverse head & shoulders base. Now that people have capitulated on hard landing that was popular consensus during 22 and early 23 (contrary indicator) and the consensus is soft landing and AI is going to save us all, is a recession now back on the table?
Chart PatternsTrend AnalysisWave Analysis

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