$GTX and $WTIC positive ADX cross on weekly chart. $GTX cross long ago. $WTIC prepares its cross. equity market will need to prepare higher inflation and HURTS its earning? or bond market will need to prepare to die for equity market (aka rise in yield) great job Ben, great just great :)
watch global yield! when global yield reverse current trend and go up, bond market will be in world of HURT.
GTX and WTIC definitely have room to the upside in the short term as bond yields rise. I do find it highly unlikely that Mr Bernanke will let rates rise too much as he would contend that its hurts a recovery in housing. QE3 will happen when Ben sees the rates move above his comfort level. http://t.co/qL2uHarF
rate will definitely rise much higher when he release QE3. easy money tsunami been happily happening around the global, just check global yield. so that is the reason behind rise in GTX and WTIC. if Fed release QE3, then GTX and WTIC, especially WTIC will signal positive ADX cross and go much HIGHER. if no QE3, what you mean disappoint Mr Market again? lol, then should equity deserve current valuation???