The
inverse correlation between bonds and equities continues. The chart below using TLT and SPY as a proxy for Treasuries and the S&P respectively:

Curiously, the 10-yr just broke down from an
Andrews Trigger Line
The SPY just keeps creeping up the Lower Median Line as

And the Q's, well a move up into the warning zone (right around $50) in the past has resulted in some unbearably choppy price behavior.
No comments:
Post a Comment