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Felix000

TNX study using Parabolic SAR & 40MA makes trading SPX look easy

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CBOE 10 YR TREASURY NOTE YIELD (TVC:TNX)  
Felix000 Updated   
TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
Technical Indicators Beyond Technical Analysis TNX 10yryields treasuryyield SPX (S&P 500 Index)
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indicator beyondta tnx 10yryields treasuryyield spx
Higher highs not impossible in following months here's why. In this Parabolic SAR pattern match I'm interested in the months subsequent to a match when yield closes first time below average (marked by red verticals). It's been a good time to buy the months after, and for S&P to go on & make new highs. NOT ADVICE DYOR.
NOTE THE CORRECTION ON CHART BELOW where second A starts.

snapshot
Comment:
Error in Bottom chart. Top Chart is correct where second A starts. Bottom chart is wrong. "A" needs to start where Parabolic SAR dot starts from lowest point.
Comment:
Just to be clear
snapshot
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