US 10Y new range between 0.994% and 1.416%, not good for stocks
My chart is quite clear. Pullback seems to be finished. A higher high will be created soon no matter what.
As my previous published idea mentioned, the higher the rate, the more pressure stock market has. I just checked the OMO of Fed, the outstanding of tip has dropped a bit this week. And this is the first time since the covid-19 crisis last March.
So, be cautious! Make sure you're able to get out when everybody wants to get out. In that scenario, drastic fall will happen within a short period of time.
As my previous published idea mentioned, the higher the rate, the more pressure stock market has. I just checked the OMO of Fed, the outstanding of tip has dropped a bit this week. And this is the first time since the covid-19 crisis last March.
So, be cautious! Make sure you're able to get out when everybody wants to get out. In that scenario, drastic fall will happen within a short period of time.
Kommentera:
As expected, new high created today. On the other side, the stocks are still pretty strong today. Please be advised that it takes time to impact the stocks.
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