Killy_Mel
Short

MACRO VIEW: LWC IS ON BREAKDOWN RISK

AMEX:LWC   SPDR BLOOMBERG BARCLAYS LONG TERM CORPORATE BOND ETF
SPDR® Barclays Long Term Corporate Bond ETF ( LWC             ) fell out from 1-st standard deviations of quarterly (66-day) and 1-year (264 day) means, thus entering a full-blown downtrend.

This scenario is only cancelled if price gets back within 1-st standard deviation from 1-year mean (above 38.7)

Traders can take short positions off 1st standard deviations from quarterly mean (38.00)
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