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SPDR S&P 500 ETF TRUST
Updated

SPY vs. HYG convergence / divergence

204
Current convergence is Bullish to Neutral. Will the Bullish convergence hold?
Note
HYG lacks enthusiasm from around April to date: Hope something will cheer it up for SPY to continue Bullish.
Note
not a chance so far. the bear divergence is in play.
Note
from Sept. 2018 hi to now Bullish divergence contrary the recession sentiment.
feathers
HYGSPDR S&P 500 ETF (SPY) Trend Analysis

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HYGSPDR S&P 500 ETF (SPY) Trend Analysis
feathers

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.