Well Well Well I'm back. It seems that we've had further conformation today of both the downward channel I drew as well as the declaration the 10 year Treasury Note Yields and the DJI are in a chaotic Dionysian dance, which seems volatile, in so far as you don't find the beauty in the chaos. Todays trading shows immediate correlations if you look at the minute...
The correction from the ATH was inevitable as the Dow broke well above it's long term growth channel. What we've seen in the past few days is hungry hungry bears beginning to feed when the 10 year T Note reaches the 2.85% yield mark with today being no different. What's important to recognize in this relationship is how the DOW bulls are attempting to hold on...
