AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
-30D correlation turns -ve for SPY/QQQ/IWM
- since 2009 only 4 cases
- the first sample occurred at low and market turn higher later
- other 3 cases show bumpy road ahead. Pullback when HYG hit lower

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.