If TLT moved the same way it did during the last major BULL market move (light blue) and the INVERSE of the last major BEAR market move (light green) then it would be right on track here on this pullback. Of course, this would mean that we would be going into a black hole in the economy of deflation and zero economic growth.
I thought this was interesting - It's a different way of looking at trend, that's for sure. An uptrend is the same as a downtrend, just a different direction.
Also, note that this is a 5-day chart and not a weekly chart. See if you can see the difference.
Tim 111.54 last -0.03 on Wednesday, Jun 4, 2014 10:40AM EST
I thought this was interesting - It's a different way of looking at trend, that's for sure. An uptrend is the same as a downtrend, just a different direction.
Also, note that this is a 5-day chart and not a weekly chart. See if you can see the difference.
Tim 111.54 last -0.03 on Wednesday, Jun 4, 2014 10:40AM EST
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