JNK - Dip below 200MA has recovred past 5/5 timesThe past 5 times JNK has dipped below its 200MA it has recovered. Also has support from trendline.
Bondyields
Stock Market Setting Up To Move Higher! Dow Ascending Traingle.Ascending Triangle on the Dow! It looks like the Dow is setting up to go higher here along with stocks and bond yields!
Out of neutral spread, looking for directional again. Hello Traders,
I've exited my neutral options spread on $TLT today for decent gains as price retreated back to the center of it.
I am now looking for the potential to add back into a directional position on $IEF (better cost basis then $TLH or $TLT) through common shares if we get a bounce at the 23.6% fibonacci level. Stop will be announced in the updates section if I decide to add back into a bullish position.
Anyhow, good luck to any in bond positions.
Trade smart, and with a plan. Cheers.
=)
