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MrAndroid

JNK Junk bonds have rebounded off previous support

SPDR Bloomberg High Yield Bond ETF (AMEX:JNK)  
MrAndroid  
AMEX:JNK   SPDR Bloomberg High Yield Bond ETF
Trend Analysis
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trendanalysis
This long term chart of JNK shows that the price is currently in a down trend within a larger down trend. The slope of the down trend is also steeper than the long term support up trend. My own view is that this thing is a ticking time bomb. Continuing to follow.
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