Wednesday, May 15, 2013

TLT

 TLT 2 min accumulation continues after the stops were hit, this is a move toward safety while risk in the SPY is under distribution.

This shows the SPY 10 min chart specifically on today's risk on move, which is a much larger underlying flow of funds.

SPY 10 m, I don't think I need to draw in the divergence, if funds were flowing in to buying the SPY, 3C would be moving with the SPY.

TLT 3 min migration-this from an early in line status on the downtrend with no early positive divegrences.

TLT 5 min.

As I said, risk is being aggressively sold everywhere in all assets including the stock market although harder to see, protection or safety is being bought.

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