SPY/TLT weekly - warning sign before recent selloff - 8/24/2015

SPY/TLTArca

Description

⋅ Aug 24, 2015 1:37 PM

Reflecting on warning signs before the selloff:

1. ratio broke blue support for weeks before the selloff
2. ratio RSI broke support for weeks before the selloff
3. SPY long term trend line about to break weeks before the selloff and officially broke last week.

So we did get plenty of warning signs.

spy/tlt