Trendline Wednesday – 11/20/2019
Here are some of the most noteworthy trendline developments across the markets for Wednesday, November 20, 2019.
Dow Jones Transportation Average $DJT Testing Broken Post-2018 Down Trendline
Value Line Geometric Composite $VALUG Testing Broken Post-2018 Down Trendline
South Korea’s $KOSPI Index Testing Broken Post-2018 Down Trendline
iShares High Yield Bond ETF $HYG Testing YTD Up Trendline
U.S. Dollar Index $DXY Rejected By Broken Post-2018 Up Trendline
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.
