... as an addendum to the previous analysis
... similar to my previous analysis. We can see that risk-appetite, as indicated by junk-bonds, is at or close to an important support level. A short-term level might thus be expectable in SPX (which is overlayed). Afterwards, good night US led hegemony of western capitalism :o
Thanks!
PS: If you really read this analysis, check the previous one to compare both with one another.
PSS: This charting idea is stolen from GameofTrades ^^
Thanks!
PS: If you really read this analysis, check the previous one to compare both with one another.
PSS: This charting idea is stolen from GameofTrades ^^
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