Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Monday, August 19, 2013

Part 2

Stock Market Technical Analysis Blog

click on image to enlarge

In the top chart above (10 yr treasury) we see that in the past few days it has broken up out of its downhill channel and also crossed above its weekly 60 EMA line to the danger zone for stocks which lies above it.  

In the lower chart above we see the VXX that has broken up out of its 6 yr downhill channel last week causing alarm.  

Trade well my friends


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