TLT in relation to XLF back to the bottom of the decade-long wedge. I feel this is a decent risk on/risk off indicator. Risk off = bonds outperform banks; risk on = banks outperform bonds. Watching to see if the trend changes here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.