Technical analysis of the Dow 20 Bond Index by Howard Waxenberg
ARTICLE SYNOPSIS ...Technical analysis of the Dow 20 Bond Index by Howard Waxenberg
Over the years, the correlation between moves in the bond market and moves in the stock market has
been tremendous. In the last several years, we have repeatedly seen the condition where bonds rally and
then four to six weeks later stocks start a bull move. There is a repeating pattern at tops as well where
bonds top out and, on average, two weeks later equities begin to falter. So, it makes sense then, that
predicting moves in the bond market through technical analysis has two effects. First, of course, is
predicting the future ...