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

NYSE ARCA & MKT

JNK

This spread has been a good buy indicator when it hits this level. The problem is that stocks have gone up instead of down on this spread rise. is it different this time?

If we see this pattern break down it would target 103. See 2018 break down for comparison

Filled in the gap that was left above, some ok green volume lately, but be cautious still.

Plenty of buying this week, but still looks weak. let's see if they can push it through the trend line next week.

Watching this closely, this bottom trend line is being tested, will the hammer push it back up?

Watching to see if this larger wedge breaks out, nice hammer on bottom.

Daily Log

TIP/TLT vs VIX/VIX3M (Monthly)(Log)

The comparison shows a high correlation between junk bonds and equities. The last Friday’s rally sparked by NFP and the news related to AMZN moved the equities ahead of the junk bonds. What we need to see next week, whether the junk bonds are going to retest the broken trend line first or start a continuation to downside. It seems the AB-CD pattern is not...

junk bonds looking great.... $SHY $TLT

This nonsense put up all time highs on daily RSI today. When junk bonds go, everything will go... (down, of course)

NOTE : The low risk trading area reamains higher in the context channel (the gray ribbon) but we're signaling overbought on the trendchannel... This may be a concern if the market reverses here... Cause reversing on trendchannel means there will pbly be a trend trade to come right after... Not the best case scenario for stock though if junks were about to break...

SPX - Stocks run rich to JNK - Junk Bonds and then the correlation re-couples. This tends to indicate a short term bottom in stocks has been reached.

A combination of collated charts I'll be updating as predictors of an impending recession. If these charts aren't screaming look out I don't know what is. Currently looking for decent CDS (credit default swaps) data to add to the mix. Credit to @GetBusy88 for LQD/HYG

Corporate high yield spread is approaching a breakout. Idea - long ITE, short JNK or similar

Slower economic growth and higher interest rates lead to weaker performance in #JNK

Not a bad one for the retirement account paying an almost 5% dividend. Potential buy here if can get above support.

looks like an upside down head and shoulders