PAIRS TRADE: LONG HYG, SHORT SPY
High Yield Corp Bonds are trying to turn
up from oversold. The recent selloff in HYG
was giving us the heads up that stocks were
vulnerable. The way to trade this setup is to
buy HYG and short SPY. $2 in HYG vs $1 in SPY.
Tim 4:32PM EST HYG 92.69 last, SPY 200.48 last.
up from oversold. The recent selloff in HYG
was giving us the heads up that stocks were
vulnerable. The way to trade this setup is to
buy HYG and short SPY. $2 in HYG vs $1 in SPY.
Tim 4:32PM EST HYG 92.69 last, SPY 200.48 last.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.