When the yield drops, bonds go up and the stock market comes down.....this is the theory.
And so far, the theory is playing out.
We involve all metrics when coming to our conclusion on the market, it is not simply EWT and adding Fibonacci extensions, you must consider all influences to build a picture.
Death Cross is now clear on the US 10 Yr chart now, I suspect the fall will continue.
Pierre penasa
2024-08-05 12:01:34 +0000 UTC