SG10Y - a peek into the next few weeks.

As pointed previously for the last few years... the SG10Y Singapore Govt 10 year Bond Yields chart have an uncanny correlation to give us a heads up on when the US Equity markets like the S&P500 SPY SPX are going to keel over and drop.

On such instance is here and now.

A higher high and a clear breakout after a Fibonacci retracement, within a bigger retracement. This is a clear and present indication that (US) equity markets are going to keel over and drop.

Bears are just around the corner.
Pain till Mid-Feb

Heads up.