Another look at the 10year bonds

Here's Tony Caldaro's monthly chart of the 10-year bond yields. I can't independently vouch for his EW counts, though it's obvious he's put a lot of thoughtful work into them. I will say that I think it makes sense to count this primarily in terms of ABC movements. The letter counts marked on the chart are his, but I did add some trendlines (hope you don't mind, Tony :) ).