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Market Crash Reversal Patterns 'Experiment' With History

ByChris Kimble
Published 04/08/2020, 04:42 PM

S&P 500 Index Versus 'Inverted' 30-Year Yield 'Monthly' Chart

Stocks and treasury bond yields had a wild (and scary) month of March as the financial markets crashed to new lows.

In today’s chart, we highlight this by looking at long-term “monthly” chart of the S&P 500 Index versus an “inverted” 30-Year US Treasury Bond Yield.

Note that inverting charts offers a different perspective and reduces bias. For more on this, read my “Market Masters” article from 2015.

Today’s chart highlights huge reversal patterns for both stocks and bond yields.

The inverted chart of the 30-Year yield shows the largest “monthly” reversal pattern in a quarter-century occurred in March at (1). At the same time, the S&P 500 put in a large bullish reversal pattern while testing the December 2019 lows at (2).

This chart was first written for See It Markets.com. To see the original post CLICK HERE.

Latest comments

thanks !!
;-)
It’s going to hit with the algorithms where you get a 15 to 20% down day or 2. 10% days down. I’m talking about within days. That will at least reprice it to where it should be just start formal lower low. It’s just price pretty ridiculously moving up 22% in less than a week. I think it’s like 21X. The algorithms remember go down five times as fast as it goes up
doesn't mean we will go retest the lows. no way we are gonna. no way I hope I'm wrong but no way ko gets back to 36 and csx gets back to 47
Its going up fir NO reason, it can’t sustain
I belive market is still to bottom from this unprecedent scenario
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