Tuesday, November 19, 2019

US #CorporateBonds Review $LQD $HYG

US HG Bonds Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

US High Grade Bond's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

ALIGNMENT (Price & Volume)

Triple upside alignment represents another "reset" within the primary trend. The primary trend has been up for 9 and has produced a 13% return. The primary trend alignment is not too old, BuST = 0. BuST = 0 tells us that 9 months is the average length of upside alignment. Corp bonds secondary (weekly) trend offers a little more concern. The weekly BuS and BuST are 1.3 and 0.90. The weekly BuS = 1.3 suggests the rally is a bit hot, thus, preventing disciplined traders from chasing.

ENERGY (Diffusion Index)

No energy profile.

Participation (ProIndex)

No divergences exist.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.