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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (50367)8/16/2002 4:06:19 PM
From: mishedlo  Read Replies (2) of 209892
 
AA can you explain something for me?
Pull up a chart of the SPOOS - 3 min timeframe
Pull up a chart of the 10 year treasury note index (also 3 min timeframe)
Qcharts has it as TNX.X.

More often than not, but not always stocks rally when TNX is going up.

Compare these two charts today.
Virtually identical except the very close.

Why? Why? Why?
I am going to pay more attn to this and be reluctant to short when this is headed up.
M
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