There is a warning here for Bernanke about the market's perceptions about lending to corporate America. But for us traders, this is a decent risk-reward trade to short "junk bonds" and look for lower prices short term. It looks like buyers have stepped aside and now there is marginal selling going on in this market.
You can see the average range is picking up after a long slide. This merely points out that money is flowing into or out-of a market and in this case it is flowing OUT.
Look for short-term declines and sharp rallies to re-short.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Juga di:
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.