2waytrading

High Yield BOND (Junk Bound) May signal upside momentum is over

AMEX:JNK   SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETF
51 0 2
Last time price was over its 100DMA was May last year n probably we may see that happen sometime in May this year but now it looks we will not touch it but head back to Feb low. This is another indication that recent rally in the market was fake and may not last that long
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