The last update was made on April 21,2011...
To better understand this post, please read that post first before reading this one for an explanation of the charts...
As of today, there is still negative divergence in these charts...In other words the JNK:TLT chart is not confirming the May high in the SPX with a corresponding high in the JNK:TLT chart...
Also if you haven't read the Astro Forecast for the S&P500 posted on May 13,2011, you should look at it...
Our belief is that we may try to rally into the end of this month +/- a week or so and then we should have a sell off into the Summer...
Past performance is not indicative of future results.
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