TLT spring: Oil and SPY…both are reloading

TLT 2 horses chariot

To get a good race or run, TLT needs two horses pulling/springs : SPY and Oil.

 

Oil spring reloading nicely…

Oil spring reloading

 

SPY GWm indicates SPY is reloading also. SPY retraced near 200dma or just over is a bear market rally!

SPY up green

 

This should be a ‘failing’ rally. Next signal is OIL X 10 wkma and TLT:OIL X 10 wkma to the upside.

Then TLT GWm after /near the Fed Mtg Oct 28.

 

 

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