Bonds have been surging here as a safe haven as the stock market has been selling off. Once the SPX finds an IC Low, however, I think that Bonds will likely find a top for their current Intermediate Cycle, perhaps near the top of my price channel.

First chart is a one year daily and the second chart is a 10 year weekly.

Screenshot 2016-06-27 15.19.06 Screenshot 2016-06-27 15.13.35