US 10 Year Yield is almost finished Wave 5 and you can see from this chart that it has been following the Fib levels very well in terms of support and resistance.
So the big question now is:
Does the 10 Year stop at the 2.414 Fib at 4.614%
or
Does it stop at the 2.618 Fib at 4.9%?
I will stop soon and start declining and Wave 5 is already starting to look extended.
2.618 Fib looks to be the target for now.
Charles Jung
2023-10-18 15:48:24 +0000 UTCJohn Miller III
2023-09-26 12:53:00 +0000 UTC