TNX appears to have ended its 3 wave decline. If 3 hits the common 1.618 multiple of 1 expect TNX at 4.23 before its next significant correction, which will end above 3.0, the top of wave 1 and then likely equal the ascent of 1 for wave 5...
Long TNX, short bonds...
Trade closed: stop reached
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made that call too early...closed
Comment
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I think its time to open that short on bonds again...