HYG suggests a drop in SPY - Note all previous instances
HYG is High Yield Corp Bonds:
The HYG peak to trough is drawn first, then the SPY box is drawn.
Note how this drop in HYG doesn't have much of a corresponding drop in SPY.
This spells trouble. Get short when breaking under previous day's lows.
Tim 4:07PM EST 9/11/2014
The HYG peak to trough is drawn first, then the SPY box is drawn.
Note how this drop in HYG doesn't have much of a corresponding drop in SPY.
This spells trouble. Get short when breaking under previous day's lows.
Tim 4:07PM EST 9/11/2014
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