US10 Year still trending down against US 2 Year (candles). Until they bottom out around 1:1 and start to reverse, this bull market cycle will continue.
All of SPY's (orange line) most bullish periods in the last three decades were during down trends of the RSI on 10 year vs 2 year.
RSI on 10 Year vs 2 year is entering oversold territory now. Buy the dip on TQQQ and Crypto!
Top still a way off. The fall will be massive - but we will be out when the RSI on 10 year/2 year crosses up above 50 again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.