Markets in general seem to be enjoying the fact that the credit markets have not completely imploded for now. Credit spreads are narrowing and there seems to be a general risk on mood. As I said all along for more than 12 months now it all depends on high yield bonds as to how the markets trade this year. I have mainly been following this with $JNK daily watching for crosses above and below the 15 day MA. It has worked very well and will continue to do so I believe.
SPX daily
SPX v JNK daily
SPX v TNX daily
Oil daily
Copper daily
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