FYI: First of all, congratulations to my friend Ari Wald on the fifth anniversary of his weekly technical note, Inflection Points, for Oppenheimer & Co. I’ve been reading him since the beginning and posting his insights often here at TRB.
Ari makes sense of the price action and market cross-currents in a helpful, non-pedantic way, with enough detail for serious technicians but not so much so that you can’t understand what he’s saying. And his charts are always illuminating, no matter what’s going on.
Okay, here’s what Ari wants you to know about what we witnessed last week – a sell-off in the 10-year treasury yield that led to an inversion, along with the typical bludgeoning of the bank stocks that need a positively sloped curve…
Regards,
Ted
https://thereformedbroker.com/2019/03/23/a-missing-caveat-to-last-weeks-sell-off/