Short high yield debt
Forming a topping pattern with a recent right shoulder in the process.
Potential early entry now, through a spike higher is a possibility. Else wait for pattern completion.
I view the H&S target as a minimum ... it could drop far further
Potential early entry now, through a spike higher is a possibility. Else wait for pattern completion.
I view the H&S target as a minimum ... it could drop far further
Transaction en cours:
H&S top potentially completing
Commentaire:
The H&S target was actually 84, not 81 as shown on the chart
The main thing is to keep the main thing the main thing