Another simple and yet concern chart, at least for me. An almost perfect inverse correlation, right? There is a (high?) probability that the blue line (TLT/SPX) is about to go up towards the yellow line (S&P500)? We will see...
Note
*concerningNote
TLT / SPX bottomed; TLT breaking the trendline forcefully?Stay tuned.
Note
TLT/SPX could have recovered the resistance:Note
*I meant 'support' earlier
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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.