Monday, June 28, 2010

TLT and SPY

TLT closed on $100 today (highest close since April 2009).A chart of TLT vs. SPY (bottom chart).The last time this correlation crossed was July 15, 2009 (crazy if it crosses the other way a year to the day). A few days after this cross we got higher highs on the S&P


The SPY closed right on its Lower Median LineWednesday is the last day of the month, how will that effect the markets until then?