The SPDR Consumer Discretionary ETF (XLY) just recently broke back below its 50-day moving average which is a yellow flag that strength may be waning. The iShares 20+ Year Treasury ETF (TLT) is typically a leading indicator of investors looking to shift money from stocks or cash to high quality instruments that favor a deflationary environment. So far the initial reaction of the Fed's tapering have had little effect in pushing rates higher, which will likely calm the bond markets and give renewed confidence in quality fixed-income as a short-term safety trade.