Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 683.38

+0.1%

Nov 12 4:00 PM EST

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To: yard_man who wrote (152994)	1/28/2021 12:52:31 PM
From: GROUND ZERO™	3 Recommendations Recommended By Hawkmoon SGJ toccodolce Read Replies (1) of 218732

The only economic factor that can influence a change in market direction is the 10 Year Note, the $TNX... When it rises above 2.60% these markets have trouble moving any higher, but until then there's really nothing to stop it... Right now, the $TNX is at 1.057%, so we still have more than plenty of upside room to run... Check out the historic data on these markets and the $TNX... at 2.60% these markets so typically run out of steam... Just my humble take on it... GZ

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