With everything going on in the Yield Bonds market, it begs the question of what is to occur in the Stock market. Generally, as money moves away from this market and into T-Bills we can observe a liquidity shortage. With high demand, price pushes high. I believe we can expect a market move downwards to complete our trend move downwards. Major divergence on the 3 Day chart is one excellent indicator that can be observed.
All the signs are pointing to a rally. With a rally on DXY, reversals in many areas will be inevitable.
I mean, come on. Looking at the overextension of US30, of the stock market as a whole. A correlation can be made between USD and the market's movements. Through and through, we are seeing currencies looking extremely exhausted.
A correction is coming. Be cautious in these times of certainty. Nothing can be guaranteed but if one this is observed; history repeats.