TLT monthly candle matches the trend perfectly and is exactly at multiple strategic supports. This sort of perfection usually only occurs when the trend is long determined and the asset is simply dotting eyes and crossing tees on its way to a predetermined destination.
TLT/SPX Monthly RSI (8 Period Close)
It makes sense to analyze the most common institutional portfolio allocation (Equities and Bonds) rather than Equities or Bonds separately. Most investors focus on Fed Funds, unemployment, the business cycle, rates, to analyze the bond market. But those metrics are poorly correlated to returns at best. When you focus on...
