We’ve analyzed the T-Bond bear market closely during the Wednesday tutorial sessions, but here’s a picture for the tout section that can be archived. Because there is such clarity in the 117^22 target and the daily-chart pattern that produced it, we should confidently expect more weakness down to at least 117^22. Also, any rally to the midpoint pivot, 122^27, should be regarded as an opportunity to try shorting with a tight stop-loss. ________ UPDATE:  On second thought, we’ll pass on any opportunities that may arise to short 122^27, since it’s possibility such relative heights could be achieved simultaneously with the creation of a powerful impulse leg on the intraday charts.