Saturday, September 12, 2009

NASI & 30 Year Bond Coils



The 1st USB coil (in red) broke out into an upleg (at red vertical line). The 1st NASI coil (in green) was associated an SPX breakout to the downside (dashed aquamarine line) with a throwback (solid aquamarine line) followed by a downleg (lavender line). Treasuries have broken out to the upside from the 2nd red coil. Are we going to have a downside breakout for the SPX without a throwback?

No comments:

Post a Comment