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Smart money vs dumb money divergences

Short
AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
As you can see, when there is a divergence between these too charts the charts tend to go the way that Smart Money predicts.

Currently we havent made a higher high on the smart money while dumb money has, this can still happen but i think caution in the market is required.
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