We are seeing a lot of sector churn and these momentum based metrics may rotate quickly. For now sentiment is NOT bullish and the movement of capital is going towards financials.
Following the State Street charts is the current TLT outlook using the VPR model with the volatility filter turned ON. We're not making much headway with TLT these days after a strong 6 month showing using the standard mean reversion model....leaving us to once again ponder exactly which paradigm will emerge as the most tradeable for the coming months.
