Rally for US Treasury bonds?

Pembelian

ETF Obligasi Departemen Keuangan 1-3 Tahun Ishares (NASDAQ:SHY)

NASDAQ:SHY ETF Obligasi Departemen Keuangan 1-3 Tahun Ishares

A lot of negativity surrounding bonds these days but this count might suggest that US treasuries are due a rally or something more. This count suggests that they have finished a 5 wave down and perhaps have completed an even longer correction dating back to 2008. There is some decent divergence on the RSI to support the case and that is a pretty decent candle on the weekly chart. Interesting times.

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