timwest
Short

HYG suggests a drop in SPY - Note all previous instances

AMEX:SPY   SPDR S&P 500
624 16 13
HYG             is High Yield Corp Bonds:

The HYG             peak to trough is drawn first, then the SPY             box is drawn.

Note how this drop in HYG             doesn't have much of a corresponding drop in SPY             .

This spells trouble. Get short when breaking under previous day's lows.

Tim 4:07PM EST 9/11/2014
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Bonds edged lower before SPY again
+1 Reply
This chart is very relevant now
+1 Reply
timwest PRO Tendencies
It took awhile for the selling in HYG (High Yield Bonds) to spill over into stocks. Thanks for the comment.
+1 Reply
Chart was right on time
+1 Reply
Thanks 2use.
+1 Reply
man those bonds have dropped like a rock last few days
Reply
This graph expresses how the market feels right now. 52 week highs are failing to break out and those strong stocks are going to start bring her down next week
Reply
Doesn't always work...
Remember your divergence study with BID?
But BID made that weird spike early May that didn't reflect in the indices.
Anyway, on a hunch, I have shorted with you.
Only expecting a small dip on Monday. I feel the bull market goes on.
+1 Reply
The market is so complex and dynamic - it constantly changes in subtle ways, shifting and enigmatic, that keeps us attuned to every nuance of variation, looking for that one leading indicator or combination to provide us low-risk, high-reward trades. I hope that the conglomeration of my quips and comments, charts and insights, helps in some degree to provide value to you and therefore to me. Thanks for your feedback. Mr DL.
+2 Reply
2use timwest
The market is a confrontation of opinions - some see prices to go lower, some higher - and the sale is born.
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out