As per Daneric: "first subwave should try to advance prices above the previous wave [1] high." https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9qoYMy7MVAHy-cbvudLTryI2i6hDMTcjl1avqhp4OFvA6u1H4W-utbjMMXlSOOCxbH1_wjF8zGZEif0jhJD1zgx0sXOHaAMq8XlygoTKgtcjK_5ALRwFzk15HaujeIpjPwO4UB7JufRg/s1600/bonds301.png
This implies that the elliot wave based TMV Target (i.e. [v]-3-2-V on the third chart) would be greater than 69.83.
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