A Large Bond Rally close at hand?  What would happen to stocks and commodities if bonds moved much higher?

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This pattern HAS NOT PROVEN itself at this time, yet a VERY BULLISH Inverse Head & Shoulders might have formed in the long bond.  The neckline at (2) needs to be taken out before bonds can move higher.  Should the pattern read be correct and the neckline is broken to the upside, odds greatly increase that we will see higher bond prices and lower prices in stocks and commodities!

 

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The CRB and CRX indexes both are up against key resistance, with the CRX index already breaking key support!

Game plan….Am long TLT and attempting to score on defense by owning PSQ, SMN and DUG.  If this read on bonds and commodities is correct, important “Trend Changes” will have a big impact on portfolios if not positioned correctly!  (see key trend changes here)

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past