"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, January 13, 2010

Two Charts - Ignore at your own risk...

Two charts shown previously, that have been stored and updating.

First is the current status of the 'baby' and the big daddy inverted H&S' on the $TYX weekly chart.



Then we have the big picture view of the long bond and its secular journey, that has allowed 'conventional' wisdom to remain in force and validated all these years.



You of course know that these trends must remain intact or else we've got some big changes in the offing.