Loading ...Credit Spread vs SPX
Credit spread JNK to TLT ratio signaling risk off in the market. Yet market keeps rising marginally with low volume.
A combo chart of JNK/TLT vs SPX reveals another crash in the making soon like in recent past when similar situation existed.
Two red boxes A and B shows the situation of past divergences between spread and SPX and what followed??
Time will tell???? Market is always right!!!!!
excellent chart Bikoo. It works well in the context of the NYA chart I’m posting above.
Mark
I like your charts. I am glad you r posting now again.
Keep us updated.
Thanks.