"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, March 31, 2011

30 yr yield & the SPX

TYX remains below resistance and SPX is at a new level of resistance.  It is a good bet that yields are going to lead the S&P one way or the other.  So, how does the chart for yields look to you?