Starting Dec 27th the 10yr yield is up to ~4.2% from ~3.8
US10Y
.
DXY has risen to 101 to 104.
DXY
Meanwhile the indices have continued their push to ATHs. If the divergence were to correct the S&P could see a 5% correction.
Setting a stop just beyond the top bull channel trend line (orange).
1'st PT is the mid channel trend line
2nd PT is the 2022 highs (also where the divergence started)
US10Y
. DXY has risen to 101 to 104.
DXY
Meanwhile the indices have continued their push to ATHs. If the divergence were to correct the S&P could see a 5% correction.
Setting a stop just beyond the top bull channel trend line (orange).
1'st PT is the mid channel trend line
2nd PT is the 2022 highs (also where the divergence started)