The will probably form a higher low after the extreme sell climax in March. The 1st target is 2706.00, which is 20% down from the high. Last week is a sell signal bar on the weekly chart. But there will probably be buyers below its low for a 2nd leg up on the daily chart.
The bond futures market is bouncing from the first reversal down from a buy climax. Traders should expect a lower high and a 2nd leg sideways to down.
The Forex market has had many big legs up and down in recent weeks. It will probably be sideways for at least a couple more weeks.

30 year Treasury bond Futures market:
Rally to a lower high after a buy climax
The Treasury bond futures pulled back for the past 3 weeks from the most extreme buy climax in its history. By going above last week’s high, the weekly chart triggered a High 1 bull flag buy signal this week.
But last week was only a doji bar, which is a weak buy signal bar. That lowers the probability of s significant rally.
Also, the doji followed 2…