The recent rally on the back of the Paris terror attack and a hawkish fed might be short lived according to my main indicator charts.
The 30yr bond is not reacting in a way that you would expect with an imminent rate rise.
$JNK v $SPX daily is showing that $JNK has not participated in the rally leading me to believe that there could be a rejection coming up. While $JNK is below the 15 day MA I would be reluctant to be overly bullish on stocks.
$VIX daily is off post FOMC minutes but it can still pop from here. The RSI is still above the 50 line and there is still an uptrend in place. If there is a red candle that see the RSI below 50 then that is less bearish.
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