This is the third time this level (1.80/1.85) of SPY/TLT is tested. Will this one be the last so this ratio break to the upside? That will be basically a mix between SPY going up and TLT going down.
I don't trust too much in SPY to the upside, but its not crazy to see this one at 220/225. But if I have to guess, I think this ratio is going to break out because of TLT going to 105. TLT is in a downtrend, officially: lower lows and highs...
I don't trust too much in SPY to the upside, but its not crazy to see this one at 220/225. But if I have to guess, I think this ratio is going to break out because of TLT going to 105. TLT is in a downtrend, officially: lower lows and highs...