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Re: TRAPPER JIM post# 1563

Friday, 08/19/2022 9:27:42 AM

Friday, August 19, 2022 9:27:42 AM

Post# of 2366
SQQQ in play unless TNX or DXY (USD) drop significantly. TNX the 10 year yield is used for borrowing. So the higher TNX goes the lower Nasdaq flows as borrowing funds becomes more expensive..


TNX
(Derived Data)
CBOE 10 YR TREASURY NOTE YIELDTVC
2.966
USD
+0.085
(+2.95%)
MARKET OPEN (AS OF AUG 19, 08:23 CDT)

Mannarino Market Risk Indicator

198.1****

Low 50-100
Moderate 100-200
High 200-300
Extreme 300+

(DXY = 107.89)


(DXY = 107.89) * (TNX = 2.956) / 1.61
08/19/22 09:25 EST


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