CosmicDust

SPY/TLT monthly - still bearish - 9/1/2016

SPY/TLT  
SPY/TLT  
49 0 4
The ratio is still bearish looking as 10 MMA             is still pointing down and though it registered a higher low in June 2016, no higher high yet.

The ratio has not confirm recent broad market breakout. And thus it is not all clear to long equalities and overweight bond is still warranted.
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