ew-forecast

10 Year US Notes Reversing For A Temporary Correction

CBOT:ZN1!   10 YEAR T-NOTE FUTURES - ECBT
10 year US notes fell in five waves from July highs so we can expect more weakness ahead which may drive stock market even higher. However, before continuation to the downside may continue on US treasuries we need a contra-trend reaction in three waves. Well, based on recent turn up we see price in wave a-circled of a three wave advance that may stop at former wave four, near 132'30.

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JC_Saints
4 months ago
do u think ABC completed or just AB for now ?
Reply
ew-forecast PRO JC_Saints
4 months ago
i'm looking at a flat pattern being unfolded, so yeah only AB for now because of recent sharp reversal
Reply
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