Treasuries update. Wave 4 still in progress.

The complete structure of wave 4 will neatly resemble a classic triangle, only wave E will break to new highs.

This is the last attempt of the market to buy the dip in Treasuries. (Also the last attempt of EURJPY to reach a new high - should stop around 157 next week).

After that wave 5 of the downtrend in Treasuries will commence, targeting the peak of the crash in H2'23.