Sum
TLT stabilizing and GLD already above all pivots, but crucially VIX has clearly stayed under all pivots and that is bullish for stocks.
TLT
Stopped going down but hasn't gained much either. Still, interesting that rates are not really confirming move in stock indexes in 2017 thus far.
TLT has now stabilized long enough to turn the 10, 20 and 50MAs to upward sloping and jumped above these levels. Still, heading into falling 100 and below Q1P.
TLT sum - Bounce in play is interesting in that TLT has stabilized while stocks have zoomed higher. Hm.
GLD
Completely different story here - clear lift from 1HP, above both long term pivots.
Also above Q1P and FebP. Heading into test of D200.
GDX
Odd with GLD popping that GDX is not following through.
VIX
Up from lows of the decade but crucially, staying below all pivots.