CROSSING THE RUBICON: MARKET PEAK IS VERY NEAR
SPX*US10Y provides early warning that market peak is near. We reached that upper red line last week.
Based on past track record, a peak is near (3 months to 14 months away).
However, based on the speed with which the US10Y rate has climbed, I suspect the peak may be nearer than previous.
This does not mean markets will start going down. It may still go up or melt-up before peaking.
Good luck, be nimble and protect your wealth.
Based on past track record, a peak is near (3 months to 14 months away).
However, based on the speed with which the US10Y rate has climbed, I suspect the peak may be nearer than previous.
This does not mean markets will start going down. It may still go up or melt-up before peaking.
Good luck, be nimble and protect your wealth.
Disclaimer
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.