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grumpa06

Bull Flag with Corporate Bonds

Long
iShares iBoxx $ High Yield Corporate Bond ETF (AMEX:HYG)  
grumpa06  
AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
Chart Patterns
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chartpattern
Corporate Bonds continue in their Bull Flag Channel. Bond market keeps telling us that the Fed cannot remain higher for longer. Not sure on timing, however, it wouldn't surprise me if we see the Fed reverse course in the some what near future.
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