the_sunship

SPY/TLT ratio chart at monthly extremes

SPY/TLT  
the_sunship Updated   
SPY/TLT  
Not calling a bottom in bonds here, but the extreme monthly RSI of this SPY/TLT chart is impressive. Bonds broke down again over the summer but may be forming a double bottom. Could bonds finally get a serious bid? This charts says it's possible, but exact timing may be difficult to do.
Comment:
Bonds possible double bottom with weekly bull divergence

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.