$HYGrejected at the 50 day, signaling

    Posted by fundamentalvalues on 11th of Mar 2021 at 05:14 pm

    $HYGrejected at the 50 day, signaling possible $SPXpullback/consolidation? Multiple gaps below now as well. I heard that gaps didn't matter last time and we saw how that worked out in both directions. This was one of my reason for picking up the increased hedge today in $SPXSto protect my well priced longs. Also the market had gotten short term extended. Risk/reward. The big dip buy entries I made looking better and better as well via $ARKK $111s, $QQQnear the large dip lows, and some T Rowe Health Sciences, my $XBItype play. Let's see

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