Silent... SPX/TLT
Are you expecting the 80 week low in the next few weeks?
From the March '09 low we are 61 weeks along. The last 3 samples of the 80 week have been 81,79,79.
It seems we are getting fundamental interaction with minor cycle
amplification distorting the bigger picture.
Right now I was expecting 80 week from the end of June - Aug sometime.Earlier if you use the shortening of the 20 weeks lows vs using the prior cycle lengths of the 80 week.
My thoughts are that we go sideways in a range for several weeks,months, and then retest the recent lows--hopefully breaking them to increase bearish sentiment.
Any thoughts on BONDS--TLT. We are 48 weeks from the last nominal 40 week low. Last 3 samples have been 51,53,57. I was expecting a low sometime in June - July period around 86. But this Greece event has distorted the minor cycle amplitudes. I doubt that the most recent low was the nominal 40 week since it was only 43 weeks.
