ILuminosity

Rotation Back into Junk Bonds & Large Caps Q4

JNK/TLT  
JNK/TLT  
The JNK/TLT ratio chart visualizes investors' position in greed and safe bonds. An increase means more greed in the market, corresponding with an increase in equities. Based on where we are, I am expecting one last run in the stock market, reaching the top of our resistance trend-line. I have added a fractal to support this thesis.
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