Triangles in wave 4 often yield powerful waves 5 that almost always take less that 50% of the time spent in wave 4. We spent 6.5 months in Wave 4, which means that wave 5 should be completed by end of August at the latest.
Conservatively, I forecast 10Y reaching 10% by end Sept. In fact, it can happen as early as mid. July.
Not only 10Y Treasuries gets to 10%, but at the same time:
- SPX will land below 1500,
- EURUSD will crash to 0.75
- USDJPY will fall to ~100
Conservatively, I forecast 10Y reaching 10% by end Sept. In fact, it can happen as early as mid. July.
Not only 10Y Treasuries gets to 10%, but at the same time:
- SPX will land below 1500,
- EURUSD will crash to 0.75
- USDJPY will fall to ~100
