US10 Hello traders!
Looking at US10Y Bond!
As we all know, Fed decision to hike interest rates has targeted 5.25% - 5.50% range.
Elliott Wave Theory demonstrates that, targeted range is a termination of Wave 5. Which will be followed by market correction AT LEAST back to Wave 4 at 3.25 percent. We got long 55 bullish days on US10Y bond market.
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Hello tradersWill the market hit the projected rate of 5.25 - 5.50 by 1st November 2023?
See you in 41 days!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.