SHORT: Target 131 (end of wave {a})
10 Year T-Note Futures
1. is on historical max
2. is on historical overbought level according to weekly timeframe
3. has completed its {5}-(V)-(5) structure within monthly-weekly timeframe
4. is close to complete wave (v) within daily timeframe – which is the last one preceding to change of trend onto bearish
P.S. wave layout is according to weekly timeframe
10 Year T-Note Futures
1. is on historical max
2. is on historical overbought level according to weekly timeframe
3. has completed its {5}-(V)-(5) structure within monthly-weekly timeframe
4. is close to complete wave (v) within daily timeframe – which is the last one preceding to change of trend onto bearish
P.S. wave layout is according to weekly timeframe
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