Past SPX action after the 10y-2y yield inversion unwound
I made a chart to show past SPX action after the 10y-2y yield inversion unwound.
Dec 2000: SPX was already in bear market and continued down.
May 2007: SPX topped, then made a double top, then collapsed.
Aug 2019 (atypical): SPX made a +10% move, then collapsed.
Dec 2000: SPX was already in bear market and continued down.
May 2007: SPX topped, then made a double top, then collapsed.
Aug 2019 (atypical): SPX made a +10% move, then collapsed.
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