Rates Down For a Few More Months...Then Up, Up and Away

This leading diagonal ended as called earlier appears to be making an ABC correction that should end when C = A at 1.75

Then, the longer term upward correction should continue in a third wave, which I think will be a C wave ending this sub-minuet level correction of the larger minute correction of the larger trend.

C should be equal to A as measured from the end of the ongoing sub-minuet ABC correction.


Long 10 year for a couple months, then short 10 year (as rates rise and price falls) for the next year or so...

Good luck!
ratesTNXtreasurybondsWave Analysis

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