Archive for: January 2009January 21, 2009 Barclays TLT Gives Stock Market Bulls HopeIf shares of TLT are any indication of money flow from bonds to stocks, they’re indicating a possible rally for the stock market. Two 100% retracements on the daily chart is a bearish sign. If TLT is to continue up, it … January 20, 2009 Failed Higher High Daily SPX Nasdaq 012009Bullish patterns just wither and die in this market. The bulls had to hold SPX 820, and couldn’t. Those higher high candles on the SPX and Nasdaq daily charts have both failed.
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