HYG suggests a drop in SPY - Note all previous instances
HYG is High Yield Corp Bonds:
The HYG peak to trough is drawn first, then the SPY box is drawn.
Note how this drop in HYG doesn't have much of a corresponding drop in SPY.
This spells trouble. Get short when breaking under previous day's lows.
Tim 4:07PM EST 9/11/2014
The HYG peak to trough is drawn first, then the SPY box is drawn.
Note how this drop in HYG doesn't have much of a corresponding drop in SPY.
This spells trouble. Get short when breaking under previous day's lows.
Tim 4:07PM EST 9/11/2014
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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.