BATS:JNK SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETF
another leading indicator showing weakness. JNK wasn't able to break it's resistance around 40.50 and formed a H+S in process (i think). It's currently support by it's 200 ma , which represent strong support. However , if broken , you might want to look at going long 30 years treasuries ( TLT ). In fact , JNK and TLT have a nice negative correlation.