This JNK v SPX chart is one of my favourites to follow. This chart tipped me off to the correction we had in August and it looks like it is going that way again. The S&P 500 was up but the Junk dipped back below the 15 day MA. I am looking to see if there is a follow red candle on JNK. The SPX will follow JNK down at some point so I need to be ready. I will be watching for signs of a confirmation.
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