Elliot618

US10Y (Elliot Wave Analysis - A tale of Balloons)

TVC:US10Y   US Government Bonds 10 YR Yield
The bounce up from pandemic bottom Is corrective, we have a failed wave down after the large ABC thus making it a wave X. Now we are completing the 2nd ABC or WXY pattern into Fib retracements.

Balloons dont follow rules and can fly high, but when they pop it is by all accounts... biblical.

Cheers
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