Equities VERY CLOSE to a BLOW-OFF TOP.steemCreated with Sketch.themaestro (51) in bonds • 8 years ago This is the 20-Year vs. Dow chart. LOOK at the 50/200dma (GOLDEN CROSS) on TLT and the DOW top! Where are we now? PLEASE tell me you see what I see! If not, comment below! The Maestro! bonds stocks trading investing money
I think we have a little while till the blowoff maybe not till next year. We need to see a sharp parabolic move. There is nothing like that yet
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I see TLT headed much higher like late '07 and a little lag time before equities correct, yes, but not another 6 months, imo.
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@marketreport
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Very interesting take. Zooming back on the long term TLT chart, we could see a spike to the upper range of the channel, which would be the 5th hit since January 2009.
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