Sell Signals In High Yield Corporate Debt Investments Relate The Fed's TAF Rally Is Over
Wednesday, 14. May 2008, 06:04:09
The charts of Blackrock High Yield Corporate Income Funds communicate that the seven week long Federal Reserve's TAF, PDCF and TSLF Rally is history; lollipop hanging man, and bearish engulfing candlesticks abound!
Chart of COY Daily and Weekly (Coy daily shows a massive dark cloud cover candlestick)
Chart of HYV Daily and Weekly HYV daily shows an ascending wedge with rising price on falling volume.
Chart of COY Daily and Weekly (Coy daily shows a massive dark cloud cover candlestick)
Chart of HYV Daily and Weekly HYV daily shows an ascending wedge with rising price on falling volume.
