Category Archives: TNotes

Elliott Wave Analysis On 10 Year US Notes And USDJPY

Gregor Horvat

10 year US notes shows a five wave of decline from July high which is a clear bearish pattern that should send prices even lower after any corrective set-back. The latest price structure, from the last 48 hours suggests, that market has room for a deeper pullback to make a nice A-B-C bounce; a zigzag pattern that can stop this week somewhere around 133’00 area. We will expect a strong drop from that region, as long as July high remains in place. more…