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 traders
Will the market hit the projected rate of 5.25 - 5.50 by 1st November 2023?