SPDR SERIES TRUST BLOOMBERG BARCLAYS HIGH YLD BD ETF(P/S)

JNK NYSE ARCA & MKT

kmarch3358

Strong correlation between 20 yr bond and high yield junk bonds. market tends to enter volatility when this ratio bottoms/breaks out

eagle12345

gold price still working around bottom trendline . compare wdfi spx us mkts seem to be topping after 1.9 trillion stimmy chqs

rivchris

Idea to track the breakdown in AMEX:JNK . Considering the rise in yields across the board, I am expecting one last dead cat before breakdown.

Luke8111

Junk bonds are very important among risk assets, and they often send signals that anticipate what will happen to stocks. Seing the rejection at the all-important falling resistence, and the break of the rising trendline from last spring, one can't help but feel uneasy about the markets in the near to mid term... especially after a rally that's sucked EVERYBODY in,...

Auguraltrader

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...

crakehair

JNK/TLT is my favorite indicator I have found. It tells me when to go long and when to short. And right now short RTY is probably the best short of the century. the green line has been an indicator of shorting rty I am going to start to build a position in RWM and will be planning to hold it for a large correction to becoming in RTY.

Auguraltrader

No need to say much as previous;y mentioned about the bearish divergence. Looking at the panel again just adds confirmation of how bearish a turn it just had. Some decent downside will follow...

Khohezion

TLT/JNK looking to break out of it's downward trend to become bullish again. As money looks to move towards safe havens. Looking for 172.

alexhwang826

tlt/jnk

alexhwang826

TLT/JNK

crakehair

I have found that ever time the trend changes or the uptrend line is touched in this chart it generally coincides with a very large vix spike. I have highlighted the trend changes in blue, and the line touches in red. it can be a lagging indicator maybe a day or 2 or maybe even longer. but i have a hunch this is telling me the market is about to turn.

Auguraltrader

Just want to highlight that the first panel of leading indicators are bullish like hell, and are also obviously bearishly divergent having MACD crossed down in the DJ Transportation Index, with the rest weakening significantly. First warning shot...

sergiorod14

I've put this together after watching and reading over the weekend about the potential influence the Georgia Senate Runoff has on the market. Shown here is the correlation between BTC (or any other crypto for that matter) and the Treasury bond market to Junk bond index. People keep moving money into bonds showing FEAR in the market. Since bonds and the USDC has...

naailh7

JNK vs VIX (inv) correlation

Auguraltrader

A scan of my leading indicators show that 4 out of 4 have topped out and are in clear reversal/retracement mode. Candlestick patterns and technical indicators suggest so. While this is happening, we see more all time highs being clocked on seasonally low volumes. Clearly something is amiss and divergence is about to converge... CAVEAT EMPTOR!

RetroSnipips

Please be on the lookout of a TLT breakout, due to upcoming insolvencies that next year looks to bring, I feel like we going for a blow -off type pattern pretty soon on the S&P500. Go BONDS

brennanman007

get rid of that 4th test junk. Do you see the 4th test?

ucsgears

How to play this divergence in corporate bonds vs market. The best way I think of is Pair em up. 1. Buy QQQ and Sell HYG 2. Buy SPY and Sell JNK They will have to converge and even out.