Top 5 Charts of the Day – March 10th 2021

#SPX | During the 13 periods since the 1960s (lasting about 27 months on average) in which the 10-year yield increased at least 1 1/2 percentage points, the S&P 500 recorded an average gain of 15% even though it fell three times – Bloomberg pic.twitter.com/z8FEfIC7BQ

— Christophe Barraud (@C_Barraud) March 10, 2021

Markets have been whiplashed like a brontosaurus, https://t.co/VPgBZxRWAz via @bopinion pic.twitter.com/1TaIPEbrpb

— John Authers (@johnauthers) March 10, 2021

TD Ameritrade Investor Movement Index close to reaching the blow-off top last seen in late 2017, early 2018: pic.twitter.com/SZFcGkpnug

— Babak (@TN) March 9, 2021

Growth/Value rose sharply yesterday, after hitting the 19th most oversold day in history.

RSI was at the bottom 0.29% in 26 years.

Some of the biggest Growth rallies started like this – and even the smaller bounces took *months* to play out.

Be prepared. pic.twitter.com/W23XuIwsDt

— Macro Charts (@MacroCharts) March 10, 2021

Net speculative positioning in GBP is now at 21% of total open interest.

Only 6X in the last 13 years have we been greater than or equal to 20%.

Currently the highest since April ‘14.

Very stretched. One to watch. pic.twitter.com/NHFvQOzzv2

— Julien Bittel, CFA (@BittelJulien) March 10, 2021