thx for posting, definitely something to keep an eye
on.
HYG is really lagging the SPX here, so I think the market is at
or near a dangerous point. When I look at the charts I could
see it moving down or I could see yet one more pop up like the SPX
to hit that Feb high, sort of a flag look on the 60 min time frame.
I hope we get one more pop but then yes will have to monitor
the charts closely. It's getting harder to find good long
setups
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thx for posting, definitely something
Phi mate turn date and a Major Bradley model turn ...
Posted by matt on 15th of Aug 2020 at 01:44 pm
thx for posting, definitely something to keep an eye on.
HYG is really lagging the SPX here, so I think the market is at or near a dangerous point. When I look at the charts I could see it moving down or I could see yet one more pop up like the SPX to hit that Feb high, sort of a flag look on the 60 min time frame. I hope we get one more pop but then yes will have to monitor the charts closely. It's getting harder to find good long setups