Thursday, March 27, 2014

Is the Stock Market Getting Ready to Turn Soon?

Posted May 20,2011

As of March 25,2014

JNK - SPDR High Yield Bond ETF
TLT - Barclays 20+ Year Treasury Bond ETF

The last time these charts were presented as a post in this blog was on, May20,2011,  April 21,2011 & April 14,2011...
To better understand this post, please read the past posts and to see what happened in hindsight ...

As of today, there is a negative divergence in these charts...
In other words the JNK:TLT chart is not confirming the high in the SPX with a corresponding high in the JNK:TLT chart...

As seen at the top of this blog, maybe it is best said as follows... "Confidence is contagious. So is lack of confidence" -Vince Lombardi


This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.

Past performance is not indicative of future results.





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