TLT getting close

TLT is a buy 4th week of May or Jun 3…

 

Oil momentum still high…

Oil will slow down in May as it has been OB for most of April.

OB oil slows down economy for next quarter….

TLT is in a bull market > 40wkma…

For now TLT momentum has leveled but it goes chop/chop for 2 months then rises.

Hence, June move.

And SPY macd and momentum needs to come down in May as well (see May 2016).

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