Sunday, February 11, 2018

HYG High-Yield Corporate Bond ETF Weekly Chart

Keystone called the top in the high-yield instruments with the negative divergence and rising wedge (red lines) and the spankdown occurs. It is hard, fast and nasty as the collapses from rising wedges typically are. Watch HYG and JNK since further weakness in the high-yield area will forecast further weakness for the stock market. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.