Treasury Update (The Safe Haven Trade)

You might recall this post from Friday on Treasuries, if not I think it may be worth re-reading when you get some time.

Treasuries are a safe haven trade when the market doesn't perform well, last week we saw the start of accumulation in treasuries amidst some odd events.

Here's the current charts..

 This is today so you can see the inverse relationship between treasuries in green (TLT) and the SPY in red. Note the last dip in treasuries took place on an intraday bounce in the SPY.

 Here's the short term chart as this was a very fast change in character and shows accumulation Thursday and Friday as the article within the post implied. So far it's in line with a slight negative divergence which I think was that last bounce in the market.

 This is a close up of the same chart

 The 10 min shows what looks to be a consolidation sideways, but it's too early to say as it hasn't broken downward (3c), it could just as easily break upward.

Here's the 15 min chart, not only in line, but leading positive a little bit.

I think this post is most useful and informative taken with Friday's post.