Elliot Wave Analysis: U.S. Treasury Bond Futures Contract seems to have turned neutral

This Week,we have come with the Debt Instrunment i.e, Treasury Bond

Short term Elliot wave view in Bond suggests the correction from August 16,2020 peak is unfolding as a 5 waves impulse wave towards downside.We are in a corrective structure labelled as wave 4, which is currently in progress.

We are expecting a rise till 38.2 to 50% fib level which is roughly around 164'21 to 168'07 odd levels,then we can expect a further fall in price till 157'19 to 148;11 odd levels

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