10 YR in Correlation with stock direction with risk-on or off

This simple chart shows the recent activity direction with risk-on (stocks moving higher) or risk-off (where stocks move lower) this zone I had recently put together has found its average base since COVID breaking out in March 2020 and the zone I sometimes make my trading decisions for the day along with a few other zones but this is the most recent. Trading this way can be risky and not always correlates perfectly so do your own due diligence as this is just one of the tools of many I use so be careful. gl

Commentaire:

Please remember this is the 4 hr candle and it MUST close within the channel for a confirmation of a buy or sell, a breakout up or down could occur in that time period it's only a tool to help you