As of the close today, the Federal Funds Rate now has a higher yield than the 2y, 3y, 5y, and 7y Treasuries.
Here's a $SPX chart since 1976, showing every other time (in red) that the same thing happened.
And yes, it preceded every single recession in this time period.
$SPX - The point of statistical neutrality on Bollingers work is the moving average in the center. That center for the weekly bands is higher than that for the monthly in this case.
So it will probably pull price HIGHER than the 50% retrace.
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