So I increased my position against junk bonds.
A possible H&S top forming in HYG. As long as the now down turned SMA 50 contains the price this chart will be bearish. The H&S does not become active however, unless the November low is taken out.
So I increased my position against junk bonds.
A possible H&S top forming in HYG. As long as the now down turned SMA 50 contains the price this chart will be bearish. The H&S does not become active however, unless the November low is taken out.