justatrader

Time to switch: Long 10 year treasuries, Short the Dollar

DXY/TNX  
DXY/TNX  
172 2 6
And here's the final chart, following up to previous USDX analysis. Not just divergence but also the fact that the spread has made a lower high.

Check the 'reference' below: "LONG DOLLAR INDEX             . SHORT 10-YEAR NOTES" where 13 months ago, the charts pointed to get long on the Dollar and Sell the 10 yr treasuries. Its now time for a correction!
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jangseohee jangseohee
Short TLT, Long TYX & TNX
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