SPY/TLT weekly - rollover likely - 7/23/2016
SPY keeps making all time highs but has not been confirmed by SPY/TLT ratio.This means it continues to be appropriate to hold a mixed allocation to bond and stock, and still over weight bond (the ratio is still in its down trend).
In a similar setup in 2008, the ratio rolled over in the 5th week, and we will see how it behaves in the coming week.
In a similar setup in 2008, the ratio rolled over in the 5th week, and we will see how it behaves in the coming week.
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