A Major change in the HYG INDEX IS HERE IT IS UP !!
For the last 18 months the HYG index corp debt market has been in a sideways pattern to which I wrote in great detail the over head fib relationship to which stopped the market in its tracks . But EVERY TIME IT MADE A LOW INTO THE 200 DAY AVG IT TURNED UP AS WELL AS ALL STOCK INDEX . THE CHART IS MY VIEW OF THE LABEL BASED ON MY FIB CYCLES AND MY WAVE STRUCTURE .I WILL STATE MY VIEW IS THAT THE HYG IS ON THE VERGE OF A BREAKOUT TO TARGET 90.4 TO 91.6 OVER THE NEXT 30 TD
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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.