The chart promises relief shortly for T-Note rates.  The pattern shown suggests they are an opportune short at the green line (x=4.512%), stop 4.630%.  That does not necessarily mean they are about to fall all the way down to the 4.161% target. But it does imply that rates will ease to at least p=4.395% before they head higher again, if they do.  The secondary pivot, p2=4.278%, promises a tradable bounce as well, although not necessarily a durable bottom.