Weekly chart. Failed GLB and in Stage IV down-trend. Beware small-caps.
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Blog post: Excellent technical trader and educator, Vas, can now be followed on twitter: @TCLTrader; Short term treasuries, $SHY, in steep daily BWR down-trend = rising interest rates
Vas, a follower of Al Brooks, presents to my students each year. He has amazing expertise in using technical analysis and now shares his thoughts in his tweets…..
Look at this adapted GMMA chart of SHY. As bonds decline, interest rates rise.
