It’s not often that three asset classes reach similar important trading points all at once.
But that’s exactly what’s happening right now with stocks, crude oil and treasury bond yields. And this is occurring on Federal Reserve day no less!
Something has got to give.
In the chart below you can see that all three are rallying into important resistance.
A couple of time this past year, these three experienced important inflection points at the same time. Deja vu?
Currently another important inflection point for each looks to be in play at each (1). The outcome should result in a big move across the financial markets. Stay Tuned!
Bond Yields, Crude Oil, and S&P 500 Charts
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