HYG exhibits the same pattern as SPX  which is an expanding diagonal.  Therefore the moves become larger as the diagonal expands.  SPX also had a symmetry break with August rally but the pattern suggested the next move down would be greater which is why I warned back in August.   The swings are increasing and thus the next move down for SPX could be the swiftest all year.  

Project, monitor, adjust

Yep, at the very least it supports my view of the next pullback likely forming a higher low wave B of some sort then another move higher

Yep, at the very least it supports our view of the next pullback likely forming a higher low wave B of some sort then another move higher