[$TNX.X] update

In the backlink I provided a model of a potential rising wedge.  I wrote, "If this is going to be a wedge it likely needs to break back down into the channel in the next 1-3 trading days.".  as you can see on the 240 minute chart below, it pretty much did just that.  It broke down the top rail and is now testing it from below.  If I were trading interest rate sensitive tickers then I would have already gone to the sidelines when it broke the top rail the first time.  Unless this can break out in the next couple days with a gap up, it seems that a trip down to at least the lower rail carries the best odds.