Just saw your post and it prompted me to read into HYG. I don't really follow bond funds and ETFs but probably should. HYG looks a really interesting fund to follow, thanks. Not on my computer atm, but might do some work on the chart myself. I'm not sure I'm convinced from your post whether this is bullish or bearish behaviour, notwithstanding my general views on the market and debt cycles.
The Big Boys, page-841
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