The Interesting Confusion of a Two Hive Market.
When LQD was the queen, the next queen by definition could not be GLD it's exact opposite. To get to GLD, LQD had to yield to JNK and then from JNK it was a hop-skip to GLD.
Now with PST as a queen, everything is in play. The next move could be to any season, even back to fall goldilocks. GLD could continue to move to PST, TIP, JNK, IEF, SJB. On the other hand PST could move to JNK, GLD, TIP, LQD. In sort everything is in play...everything.