HYG vs SPX: HYG makes new highs,

    Posted by matt on 21st of Jan 2026 at 03:02 pm

    Compare - SPX vs HYG 60 min - Chart Link

    I use this chart alot

    Posted by vimal on 21st of Jan 2026 at 03:09 pm

    I use this chart alot during the week but ensure I close any positions taken as a result of divergences, by the weekend. Just to go in flat over the weekend. I was seeing positive divergences last Friday but glad I adopted the "weekend flat" approach

    Matt, is it worth adding a ratio to the chart to spot divergences in an easier way? So like the VVIX VIX Ratio chart where its easy to spot when they get out of sync? Or do you think drawing trend lines is the best approach? I draw trend lines at the moment but got thinking about the Ratio addition/option

    thanks for the info, I'll

    Posted by matt on 21st of Jan 2026 at 03:24 pm

    thanks for the info, I'll look into what I can do.

    but yes it's been a fantastic tool, even yesterday or this morning was saying there's a positive divergence here and expect the market to recover

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