To make long story short, we want to buy tnx at around 1.99% IF it can manage to break the current low at around 2.17%.
Consequently, with a break of the low of 2.17% and TNX reaching 1.99% we believe that the correction in the indices or not over yet. So in case of a leg lower in TNX we expect indices to follow the downside path of TNX . Why we expect this is because of intermarket analysis reasons. We cant go into detail because we want to protect our clients privilege.
Hope that helps.
Your Secrets2Trade Team