TLT has turned the corner definitely – 2 weeks ago. The spy is way overbought and cpi is flat to falling see gas buddy. Gold shows future inflation falling rapidly.

TLT and bond traders are the smarter ones and sense the economy when it turns BEFORE the stock market.  Curiously TLT and SPY can rise at the same time representing these two mindsets (realist vs fluff).  SPY recognizes the economy but does so all at once and in a very short time frame say 2 weeks- 1 month.  If you waited for this event, however, you would be caught off guard.  For this reason, I am moving my TLT:SPY chart to number 1 spot as it captures this transition point best specifically TLT and SPY rising at the same time but TLT faster.

On this chart, look for a 0.90 or 0.95 ratio as an early sell sign.