SPY/TLT - breakout - 5/3/2015

SPY/TLTArca

Description

⋅ May 3, 2015 5:08 PM

This ratio broke out (for now), a first since 2014, and might be the first step towards a major trend change (that SPY is better than TLT, or SPY is less bad than TLT).

spy/tlt

Comments

Justiceisfalse

⋅ May 3, 2015 8:44 PM

Or it could go for the dreaded and always painful false breakout...

CosmicDust

⋅ May 3, 2015 10:13 PM

Yes, it could be just a whipsaw at this point.