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.
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إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.