10 Year US Notes Reversing For A Temporary Correction

Futuros de Notas Y de 10 anos (CBOT:ZN1!)

CBOT:ZN1! Futuros de Notas Y de 10 anos

10year us notes elliottwaves correction impulsive

10 year US notes fell in five waves from July highs so we can expect more weakness ahead which may drive stock market even higher. However, before continuation to the downside may continue on US treasuries we need a contra-trend reaction in three waves. Well, based on recent turn up we see price in wave a-circled of a three wave advance that may stop at former wave four, near 132'30.

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