Analyzing ten-year yield levels; noting bearish sentiment extreme and cycle timing.

So what we're going to do now really quick is I'm going to play you a little excerpt of a video because I want to talk about these bonds here. Yet at the same time nobody has an actual take on the ten-year yield They just look at you it is in their eyes and say something is about to break But if I ask you what's about to break what's wrong with this? Why is this the end of the world? No one knows and that's because people are not thinking people don't have a base case People have simply in my opinion reached a bearish sentiment extreme right into make a pitch-lative moment and a seven and a half You're cycling the ball market lots of people are saying are you gonna invalidate this setup? You said if it goes above five percent, you'd have to be forced to invalidate it and the short answer is it's too early to do So right if you want to say there we go We are point three of a percent above five percent. This is invalidated and you're wrong camel You're entitled to do that, but we are not early in the cycles here We are late in the cycles We are due a weekly cycle top imminently and therefore I must first see this weekly cycle top and See how far the decline goes down before reaching a conclusion if what we get here is a weekly cycle Flush out something like this, okay fake trend line breakdowns very textbook in terms of weekly cycle lows forming Okay, and then we continue higher. Yes, there's absolutely hard invalidated It's completely wrong and I guess we start targeting six and seven percent on the tenure Essentially what camel is saying there is kind of what I'd agree with and I agree with thread guys