SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (50448)8/16/2002 4:13:35 PM
From: patron_anejo_por_favor  Respond to of 209892
 
<<More often than not, but not always stocks rally when TNX is going up.>>

In allocation models, stocks are bought when bonds are sold and vice versa. Since TNX represents bond yield, it moves inversely to bond price. So when bonds are sold (ie, to buy stocks), TNX goes up, bond prices go down, stock prices go up.



To: mishedlo who wrote (50448)8/18/2002 10:10:27 PM
From: Michael Condra  Read Replies (1) | Respond to of 209892
 
Mishedlo, This is to call attention to a recent QCharts feature that makes it easy to watch ES and TNX.X at the same time. TheOverlay Expression Study, available on the chart study menu, pairs bars beginning with the most recent, and works backwards. Intraday, if both symbols are trading, then the pairing will be exact.

On a chart with ES, type this shortcut for the menu command:

<alt>SOA INDEX:TNX.X <enter><enter>

TNX.X will be drawn as a line that meets ES at the left edge of the chart.

Let me know if you find this useful, or would like clarification.

- Mike, QCharts development, 650-428-5064