Bonds seldom mentioned lately. They have mounted a serious
divergence with stocks. Could be Fed related -- traders
front-running Twist 2.0, or it still could be that the bogeyman is
still lurking and big money is camping out in Treasuries.
Either way, TLT is showing strong relative price action --
I'm reading articles that all that money in bonds is going to come
pouring into fuel equities. Charts don't see that yet.
TLT still holding a very bullish configuration.
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SPX 5 min, daily, 30 min
Posted by matt on 19th of Jun 2012 at 02:47 pm
$SPX - Chart Link 5 min, was a nice divergence and the 60 stochastic worked as well
$SPX - Chart Link daily - pulled back off the 61.8% Fib, which is only logical
$SPX - Chart Link - 30 min view - also pulled back exactly off resistance target
these were logical areas to try a lower risk short
Could set up a VIX
Posted by kalinm on 19th of Jun 2012 at 02:51 pm
Could set up a VIX sell here. Inside VIX lower bb and strong reversal on VIX. TLT strong.
VIX right on the cusp.
Posted by frtaylor on 19th of Jun 2012 at 03:38 pm
VIX right on the cusp. My chart says the BB is at 18.24, and price is hovering right about there.
Looks like a close inside to me $VIX BBs
Posted by 24kau on 19th of Jun 2012 at 04:01 pm
Bonds seldom mentioned lately. They
Posted by kalinm on 19th of Jun 2012 at 03:43 pm
Bonds seldom mentioned lately. They have mounted a serious divergence with stocks. Could be Fed related -- traders front-running Twist 2.0, or it still could be that the bogeyman is still lurking and big money is camping out in Treasuries. Either way, TLT is showing strong relative price action -- I'm reading articles that all that money in bonds is going to come pouring into fuel equities. Charts don't see that yet. TLT still holding a very bullish configuration.