As ccpi will be 2.0, the SPY run will be complete by May, and TLT x 200dma, TLT is due for a strong pop on the fed rise June.
The similar chart is May-Jul 2016. The Fed meeting is Jun 14-15 and the pop is at the open the day after the meeting end or Jun 16 here. Also TLT dots below, notice the OB condition on Jun 16 and after the holiday Jul 5.
These are the runs.
First pop-
Jun 1 125 close -Jun 3 Fri close +2.50
Jun 1 125 close to Jun 16 131 open +6.00
Second pop-
Jun 24 close to Jul 5 1300 or close 136.5 +6.50
Jun 24 close – Jun 29 open +3.80
Jun 24 close – Jul 5 close 1545 +6.50

