Corrective bounce up towards the 0.618 Fib, as we would expect from a pull back for Wave 2 in an impulse wave, we would expect the same in a corrective wave.
So we could see a small further climb to the 4.753% interest rate level and then another rejection before going lower for Wave 3 as part of this Wave A corrective wave.
Charles Jung
2023-10-18 15:49:09 +0000 UTCDaniel SI
2023-10-16 16:22:11 +0000 UTC