On the chart attached is the..
RED: Spread difference between Corp Bonds and Treasuries
PINK: Spread 2yr vs 10 yr Treasuries
GREEN : Spread 10yr vs 30 Yr treasuries
As you can see stock market tops and bottoms can be recognised as well.
The spread now shows a move to safety, stocks are loosing massive support from fund managers.
Either Stocks stay down, or there will be a massive rally as funds move back to stocks. This chart will show how serious fund managers are if there is a rally.
ALSO THESE SPREADS SUGGEST THE SP500 SHOULD BE AT 1000...
RED: Spread difference between Corp Bonds and Treasuries
PINK: Spread 2yr vs 10 yr Treasuries
GREEN : Spread 10yr vs 30 Yr treasuries
As you can see stock market tops and bottoms can be recognised as well.
The spread now shows a move to safety, stocks are loosing massive support from fund managers.
Either Stocks stay down, or there will be a massive rally as funds move back to stocks. This chart will show how serious fund managers are if there is a rally.
ALSO THESE SPREADS SUGGEST THE SP500 SHOULD BE AT 1000...