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The Playground in the High Yield Market is Narrowing

iShares iBoxx $ High Yield Corporate Bond ETF (AMEX:HYG)  
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AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
Can central bank liquidity provision (or the talk there of) be enough to provide an incentive to reach for yield, or will credit spreads begin to widen (again). Stay tuned. From the this chart above it appears we are winding into a decision point.
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