CLICK ON CHART TO ENLARGE

This 2-pack looks at 10-year & 30-year yields over the past 30-years. Both have remained inside of falling channel (A) over the past 25-years. The interest rate rally over the past two years has both of them testing 25-year falling resistance at each (1).

A close-up view of each reflects that both hit channel resistance and are now attempting “rolling over” at each (2).

Lower yields might not be a good sign for stocks and the banking index! Below looks at the bank index on a long and short-term time frame.

CLICK ON CHART TO ENLARGE

Keep a close eye on what banks do in the next couple of weeks. Could be “Double Trouble” for them if “Double Tops” are being created over different time windows!

 

View our most recent webinar multi-decade patterns in play and how to take advantage

Get my daily market insights sent to your inbox FREE daily or weekly
 

 

 

 

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past