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Bonds (TLT) Generate Trend Model Neutral Signal on Breakaway Gap
April 30, 2015 at 07:39 PM | written by Erin Heim
“Yesterday an Intermediate-Term Trend Model Neutral signal was generated on TLT, the ETF we use to calculate our official Trend Model signal. This combined with a breakdown from the congestion zone and a what appears to be a breakaway gap tells us there is likely more downside to come for bonds”.
That means gold will go up? It is amazing that miners holding up so well with slaughter of gold.
Yes, usually an inverse relationship.
Miners did exceptional well. I am still on sideline and can’t trust the trend yet.
RJ, Not until GDX daily breaches the 200 MA will I consider NUGT. Have a good weekend.