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Wednesday, November 6, 2024

Stocks, Oil, and Bond Yields At Critical Bullish Breakout Tests!

Courtesy of Chris Kimble

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 above 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!

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

To become a member of Kimble Charting Solutions, click here.

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