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| Courtesy of ChaikinAnalytics.com |
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| Courtesy of ChaikinAnalytics.com |
As of Friday 3/4/16 there is a bearish rising wedge
Went from oversold to overbought
Relative strength got weaker while the above mentioned items developed
TLT
As of Friday 3/4/16 there is a bullish falling wedge
Chaikin Money Flow is still above zero and in the green
Went from overbought to oversold
In general, there is an inverse correlation between the stock market and Treasury Bonds although not a perfect one, but, when the stock market falls investors display a flight to quality and you can see that in the two charts above.
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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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