Get started
Auguraltrader

Weekly Leading Indicators Part I

SPDR Bloomberg High Yield Bond ETF (AMEX:JNK)  
Auguraltrader  
AMEX:JNK   SPDR Bloomberg High Yield Bond ETF
Trend Analysis Chart Patterns Technical Indicators leadingindicators snp500 SNP SPX (S&P 500 Index) S&P 500 (SPX500) S&P 500 E-Mini Futures
1
0
trendanalysis chartpattern indicator leadingindicators snp500 snp spx spx500 es1!
These are my first set of market leading indicators, namely, JNK, IWM, DJT and VALUEG.

Slightly confusing and not yet totally aligned;
JNK and IWM have weekly candlesticks that are reminiscent of a top bearish reversal pattern, such as the Dark Cloud Cover, observed.

DJT MACD has a bearish divergence.

Nothing super obvious here... just a couple of early red flags at best.

Related Ideas

Auguraltrader
Weekly Leading Indicators Part II
Auguraltrader
S&P500 Weekly Pum-Chek
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.