The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Monday, June 28, 2010

TLT and SPY

TLT closed on $100 today (highest close since April 2009).
A look at TLT vs. SPY (bottom chart).The last time this correlation crossed over was July 15, 2009 (crazy if it crosses the other way a year to the day!). A few days after this cross we got a breakout and higher highs on the S&P500:

The SPY closed right on its Lower Median Line:Wednesday is the last day of the month, how will that effect the markets until then?
at
Labels: , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)