Similarities:
. SPY/TLT death crossed.
. TLT faces major resistance.
If history repeats, expect:
. TLT may go side way and range bound for some time (for a year?)
. TLT eventually may spike to $150-160 range.
. Continued decline of SPY.
Also, based on the death cross of SPY/TLT, SPY might have peaked last December.
. SPY/TLT death crossed.
. TLT faces major resistance.
If history repeats, expect:
. TLT may go side way and range bound for some time (for a year?)
. TLT eventually may spike to $150-160 range.
. Continued decline of SPY.
Also, based on the death cross of SPY/TLT, SPY might have peaked last December.