US10Y Elliott Waves: 10 SEP, 2024 | The Bearish Market

The ((v))-navy wave is unfolding to push lower, which itself is subdividing into wave iii-grey of wave (iii)-orange.

Wave iii could continue to push lower, targeting the 3.564% low. While price must remain below 3.932% to maintain this view.

On the other hand, the 61.8% level could temporarily act as a potential resistance level that price should hold below.
Elliott WaveTrend AnalysisWave Analysis

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