ew-forecast

Elliott Wave: 10Y US Notes Is Finishing Five-Wave Cycle

CBOT:ZN1!   10 Year T-Note Futures
Hello traders!

10 Year US notes made a bigger decline recently, a clear impulse weakness down from start of the year which can be coming into late stages as we see price in wave five, but with room for 130'00. At the same time we see divergence on the Elliott wave oscillator, but with room for slightly more weakness to complete wave 5 cycle with a potential divergence.

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