Mostly: Classical

[Chary]

I looked at the chart of the 30 year Bond, DX and Gold on the continuous futures contracts after thinking more about van Edeen's comments.
"... a rise in interest rates typically leads to a strengthening of the US dollar. If the dollar strengthens metal prices come down."

Check out the date stamps of the movements on the Bond above and compare them to the charts for the Dollar and Gold below.
The movements in the 3 are tightly in sync it appears to me; except for todays break in the Bonds. Hmmmm. What to make of the asynchronous move in DX and Gold today? Are DX and Gold signaling break in Bonds not real? Or bonds lead and when the continuation in bond occurs DX and Gold will move in sync again; higher and lower respectively? Or will they trade asynchronously for a while going forward for a while?


Wondering if Bonds up trend may have been broken today. Is the Bond chart at danger point? Does a continuation of the break from here suggest a move down to the next swing low; the 10/23/06 low. If so what does DX and Gold do ? Hmmm. Confused. Why didn’t DX and Gold take out the 12/18 levels as well?

Something else, if Bonds are breaking, signaling higher rates ~ equities are suppose to pull back from an intermarket perspective.
Q's have made a LH and LL ~ area they leading $DJI and $SPX to the rollover?


SnP in the process of making a LH?????