Risk-off
Whenever HYG is moving down, it is telling us that the risk is off in the equity market. It is true for the current market condition.
When this bottoms, then the market will bottom.
When this bottoms, then the market will bottom.
註釋
HYG staying flat this week despite the market rebounding.註釋
HYG seems to have bottomed. It could be time to get back to the market. Trade the chart not the news.
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