S&P 500, Treasuries Both Approaching Crucial Junctures

The latest Macro Report from Waverley Advisors features two great technical charts which nicely per cent the trench warfare going on in both the equities and bond markets right now.

First, here are Treasuries, which have narrowed into a very tight channel:

treasuries

And when it comes to the S&P, all eyes are on 1170.

S&P

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.