Wednesday, April 16, 2014

JNK:TLH Ratio - Where are we now ?

This post is an update to the March 27,2014 post

Above chart dated February 21,2014 - courtesy of stockcharts.com



Above chart dated April 16,2014 - courtesy of stockcharts.com
JNK - SPDR High Yield Bond ETF
TLT - Barclays 20+ Year Treasury Bond ETF
TLH - iShares 10-20 Year Treasury Bond ETF

See previous charts posted on this blog 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:TLH chart is not confirming the high in the SPX with a corresponding high in the JNK:TLH 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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