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Saturday, September 03, 2011 7:14:45 PM
10 year Treasuries and you
OK, Jake new weapon for your tool box. First you have the 12 month bull or bear MA and then you have the effect of treasuries on the market. Rule, if the direction of the treasuries is going up, there is confidence in the market and stocks go up.. needless to say with what is going on in DC, confidence and tresuries are very bearish and telegraph a down market.
Treasuries eye candy
$SPX - Monthly Candlesticks
OK, Jake new weapon for your tool box. First you have the 12 month bull or bear MA and then you have the effect of treasuries on the market. Rule, if the direction of the treasuries is going up, there is confidence in the market and stocks go up.. needless to say with what is going on in DC, confidence and tresuries are very bearish and telegraph a down market.
Treasuries eye candy
$SPX - Monthly Candlesticks
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