Trendline Wednesday – 12/18/2019
Here are some of the most noteworthy trendline developments across the markets for Wednesday, December 18, 2019.
Bitcoin Breaking Post-2015 Up Trendline? $BTC.X
iShares High Yield Bond ETF $HYG Breaking Post-2007 Down Trendline
Long-Bond ETF $TLT Testing Post-2018 Up Trendline…Again
Coffee Testing Post-2011 Down Trendline
South African Stocks Testing Post-2018 Down 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.
