Not to go full on bear on ya' but here are some bearish looking charts IMHO.
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And check the Holy Grail TNX ratio indicator half way down.
Thanks, most of my ratio charts point to weakness too, tnx/vix is especially weak
ReplyDeleteSteveo has i think seen this ratio but for others: http://darell.posterous.com/uupiwmtnx
Momentum seems weak: http://darell.posterous.com/momentum
Visitors, please check Darell's charts, very good work, he spends more than just a few hours a day. Like the PRS 133, I should give credit to Darrell for the TNX/VIX ratio, which does a good job of leading the market up and down.
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