ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[tw0122]

History suggests markets bottom after the yield on the 10-year treasury note drops significantly. The implications are ominous.
Rule of investing thumb via @EconguyRosie “Over the past five decades, only when the 10-year T-note yield plunged 135 basis points (on average) did the S&P 500 manage to make a bottom.”
“Over the past five decades, only when the 10-year T-note yield plunged 135 basis points (on average) did the S&P 500 manage to make a bottom.

10 year yield could go close to
Zero before a bottom sets in