mperri329

One More Leg Up? Long SPX

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AMEX:HYG   iShares iBoxx $ High Yield Corporate Bond ETF
Bonds are giving us the signal that good times are on the horizon. This signal (bond equity divergence) has been my favorite signal this year, and I am hoping it continues to remain fruitful. I would not fade this indicator! Going long up here seems scary, but this gives me confidence that I didn't miss the final big move down :)
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