Click for a larger imageOn the year long chart notice we're still in bubble territory; investors are still looking for safety and are finding it in the Treasury market
Click for a larger imageNotice the following on the daily chart
-- Prices have not yet rebounded to the 38.2% fibonacci level
-- The SMAs are sending a mixed signal; the 10 is below the 20, but the 20 has just turned lower.
-- Meanwhile the 50 and 200 are moving higher
-- After prices sold off, they did not reach the previous highs