U.S. Treasury Bond Futures Correction Potentially Complete

I decided to mark up this chart for entertainment purposes as I do with all other of my ideas.

Since I firmly believe that the markets are due for a major correction, Bond prices(less risky assets) should rise.
In my humble opinion..............

Comment:

Quote:
First major central bank rate cut marks turning of the cycle in March

LONDON (Reuters) - Switzerland kickstarted the rate cutting cycle among major central banks in March while the easing push re-accelerated across emerging economies.

"We've got a rate cut now in the G10, with the Swiss National Bank being the first out the gate," said Guy Miller, chief market strategist at Zurich Insurance Group. "So, we have got some evidence now to say that the central banks are acting as opposed to just talking – policy has indeed pivoted."

Comment:

Just a little update:
Article: April 12 2024
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

"Treasury bonds and the U.S. dollar index (DXY) surged as traders flocked to hedges, while key U.S. equity indices the S&P500 and Nasdaq 100 slipped 1.7% an hour ahead of the close of the trading session. Gold, long considered as a haven asset, surged past $2,400 to a new all-time high before paring its gains, while oil ticked 1% higher."

Let's keep an eye on the "entertainment"
In my humble opinion...............

Comment:

Below I quoted another interesting part of an article that was published today.