5/5 3:00

The bonds completed a 5-wave up this morning from their April 5 bottom.  Sold 10% at a great price. Here is the daily count of the move:

The 1:20 post counted the shorter-term chart showing the wave (v) subdivisions as a completed 5-wave.
So, I will be looking for a rally to sell the other 10% and wait for a more substantial correction to go long again.  Bonds will be higher over the coming month.

Stocks have come back to re-test this morning's lows.  The extent of the mini-rally from here will determine the character of the downwave when it resumes (probably tomorrow).