That may have been the first break.

278
Update to:
Elliot would have bond yields for a correction now.


All lines original. No update the analysis/charting, just a follow up to say if this thesis was in play we'd now have held the wave "B" retrace/failed new high and be heading into the corrective C leg. Which would present itself as a capitulation in bonds yields over following big price swings.

Basic bearish Elliot wave structure



Basic bullish Elliot wave structure

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