SPX v HYG

    Posted by vimal on 23rd of Jul 2026 at 06:00 am

    To state the obvious.... as has been covered in recent newsletters....this does not look pretty short term. It is only the 60min chart so no panic stations. Don't know whether it is a precurser to some sanguine Earnings reports/ projections/CAPEX investment exceeding expectations or a combination. 

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