Evidence that SP/DOW Bulls should BEWARE...a must read here....SHORTS will agree 100%...here it is...
*30 year TBond and 10 Year Note at 4 month highs...and...trending higher...in fact the 30 year nearing the year high mark of 122.28
*SP/DOW just about 1 month up from 1 year LOW!!
*Crude Oil at 4 month low but finding amazing 2 week or so support at $111-$112...could begin the explosion to upward trend...again...
SUMMARY: SP/DOW trading sidewise and now downwards...hmmm...
Bulls...lets hear your defense...
Bears...add to the Bear Market" case here...
*30 year TBond and 10 Year Note at 4 month highs...and...trending higher...in fact the 30 year nearing the year high mark of 122.28
*SP/DOW just about 1 month up from 1 year LOW!!
*Crude Oil at 4 month low but finding amazing 2 week or so support at $111-$112...could begin the explosion to upward trend...again...
SUMMARY: SP/DOW trading sidewise and now downwards...hmmm...
Bulls...lets hear your defense...
Bears...add to the Bear Market" case here...
