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
This is the second week in a roll solid inflows into corporate bonds. This is a bullish indicator for the broad markets. I used 2 weekly charts with different indicators. This is not leading the market lower which it should be.
Perhaps this is another dead-cat bounce?
These custom support resistance indicator lines show decent places to enter or exit.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.
If your instrument closes below the Red line, we think about Shorting.
For Stocks, I prefer to use the ...
This is one chart worth watching . I overlayed SPX on JNK bonds. JNK bonds are breaking down. If you look at the overlay of weekly chart, SPX is making all time highs every few days and Junk bonds did not move much. Now chikou is below price and daily chart is bearish. Macd has been diverging for a while. The divergence is going on forever and one or the other ...
With the backdrop of economic expansion, loose monetary policies and positive sentiment among investors, huge amounts of money flowed into corporate bonds.
To be exact, high yield "Junk" corporate bonds.
The EXIT door might be too small for these investors if there is a mad rush for the exits.
Prices have completed a textbook a-b-c retracement since its low in ...
See chart. Note the timing in cycle days between the last one and this one, and all of them actually, surprisingly similar, wow what a cycle. Exactly the same, if we of course break down now. Equities have to bow to this leader. Our vix bottom indicator is actually below the extreme levels of past bubble bursts. No where to go but down (chart), and up on the ...