The chart patterns indicated that the US2Y yield is going to break and stay below 1.500.

The implications are that the spread (or difference) between US10Y minus US2Y is getting smaller. This, in turn, is suggesting reversion or a correction in US Indices towards the mean

You can see the initial chart pattern A, which led to the corresponding drop to point 1, and chart pattern B, which led to drop point 2

I think the US2Y will hold at 1.418 and then fall to 1.365 as the maximum potential drop
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When I said that the rates would remain below 1.500 on the 27th of Jan, I didn't expect them to hit 0.007. This is actually a glitch but it doe show how stressed the US bond market is.
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27th of feb 2020

US2y yield is approaching near sub1.00 levels during this current Index Reversion to the Mean

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The rate of collapse is dramatic. It looks very likely that the yield will approach near 0 and perhaps even fall subzero.

You will notice the steep fall in the RSI and the recent fierce steady drop.

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Chart PatternsreversalS&P 500 (SPX500)Trend AnalysisUS10Yus2yUS30

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