US 10Y yield: Triangular Consolidation, next 6-7%I’ve spotted a well-known triangular pattern forming on the US 10-year Treasury yield.
This appears to be the development of a large Wave 4.
Wave E of Wave 4 may still be unfolding.
Watch to see if it holds above the Wave C low at 3.9%.
A breakout above resistance near 4.7% would confirm the patter
