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
Komen
A-shot
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Now thats a data nacled analysis! Thanx!
A-shot
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*backed
A-shot
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And this was a timely and absolute hit!
A-shot
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Bonds edged lower before SPY again
Tendencies
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This chart is very relevant now
timwest
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It took awhile for the selling in HYG (High Yield Bonds) to spill over into stocks. Thanks for the comment.
A-shot
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Chart was right on time
timwest
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Thanks 2use.
Mr_DL
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Doesn't always work...
Remember your divergence study with BID?
But BID made that weird spike early May that didn't reflect in the indices.
Anyway, on a hunch, I have shorted with you.
Only expecting a small dip on Monday. I feel the bull market goes on.
timwest
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The market is so complex and dynamic - it constantly changes in subtle ways, shifting and enigmatic, that keeps us attuned to every nuance of variation, looking for that one leading indicator or combination to provide us low-risk, high-reward trades. I hope that the conglomeration of my quips and comments, charts and insights, helps in some degree to provide value to you and therefore to me. Thanks for your feedback. Mr DL.