Low in place for Japanese 30-year yields?

Updated
Here we can see the market has completed 5 waves in the sequence since October 2018. It has held the target so far in the 5th wave and since broken out of the downtrend. The floor is starting to form and aggressive entries have begun, those waiting will have confidence increased above 0.597% and 0.660%. An impulsive rise through here will imply that we will move much higher over time.

On the macro side, global savings look like they have peaked, Japan structurally will promote domestic demand and have to reduce capital outflows as an increasing share of its population move into retirement.

Best of luck those positioning for the macro flows in Japan.
Note
Overshoots in Japanese GDP
Beyond Technical Analysisgjgb30japanjapaneseyieldsJP10YJP30YridethepigTrend AnalysisWave Analysis

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