RHTrading

XLY/XLP - Leads TNX

XLY/XLP  
XLY/XLP  
Discretionary vs. Staples = Economy Bullish / Economy Bearish

Ratio rising = Discretionary > Staples
Ratio falling = Discretionary < Staples


Often a leading indicator of the 10yr yield (TNX)
Will continue to track this potential new signal.

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