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Elliot Wave Analysis : 10 Year US Notes Vs S&P500

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 18, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    After a long time I looked at the wave count of 10 year US notes to confirm my view on stocks. As you know stocks turned nicely up int he last 24 hours, so if this trend will continue then US treasuries should fall as yields rise. Well, We checked the wave structure on 10-year and see nice and clear bearish pattern in progress with an impulsive personality. Latest bounce appears to be only a contra-trend reaction, labeled as wave four which suggests more weakness in sessions ahead. If that is

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