Note what happens each time there is a dramatic run-up in bonds as portfolio managers liquidate stock positions.
That spike down in MMFI Index, or the % of stocks over their 50 day moving average is at least a good measure of the amount of shifting going on between asset classes.
From 121.79 last in TLT it looks like TLT can climb up to the 138 level over the time frame from now until year end.
Tim
121.79 last TLT 11:48PM EST 8/26/2015
That spike down in MMFI Index, or the % of stocks over their 50 day moving average is at least a good measure of the amount of shifting going on between asset classes.
From 121.79 last in TLT it looks like TLT can climb up to the 138 level over the time frame from now until year end.
Tim
121.79 last TLT 11:48PM EST 8/26/2015
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
