Elliott Wave Update ~ 21 Mar 2022

The preferred count:

The DJIA back at the trendline.

Back all the way to the broken upper channel line/neckline?

Bonds. Reaching for the head and shoulders target price.

30-year bond price in log scale.

And in arithmetic scale.

Germany. On the verge of massive impulse higher? I don’t see why not.

Fed emergency rate hike coming of another 1/4 point? Things are getting out of hand with both the 3 and 6 month yields.

LOL. I’m sure the market will take it all in stride….