![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrAfIfNaOwrQGDVvYQI8zoEH7MpXxiOjIHNaYINtg4TNTyroYicmuirAy7wM5AHeRHo7Dg-1cM6K7KVTAv1dWRyzftArV_hOVWl8ysqB4Kqn_APMU4Oc-GioJn1Kg17KUEzLIwOUpI1X5P/s320/12-4+spx+week.jpg)
When I plugged in my 30-year interest rate data on an existing S&P chart, I was surprised to see how the channel lines were nearly identical! Sure does appear that the rates are on the verge of breaking out while the S&P continues to fail against resistance. Only time will tell whether the current correlations will hold.
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