Key to S&P bottom formation is 10 YR Treasury Note Yield (TNX) Educacional
CBOE 10 YR TREASURY NOTE YIELDTVC
Descrição
⋅ Until we see Monthly ROC of Treasuries >0 followed by <0 the S & P (SPX) cannot form a bottom. Caveat small sample size. NOT ADVICE. DYOR.
Construction details on chart.