Equities VERY CLOSE to a BLOW-OFF TOP.

in #bonds8 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!

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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

I see TLT headed much higher like late '07 and a little lag time before equities correct, yes, but not another 6 months, imo.

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.