Here are some of the most noteworthy trendline developments across the markets for Wednesday, February 26, 2020.
S&P 500 $SPX Testing Post-2018 Up Trendline
30-Year Yield $TYX Testing 8-Year Lower Bound Trendline
Regional Banking Index $KRX Testing Key Trendline Convergence
iShares High Yield Bond ETF $HYG Testing Broken Post-2007 Down Trendline…Again
First Trust Internet ETF $FDN Testing Post-2008 Up Trendline…Again
EURO STOXX 50 Volatility Index $VSTOXX Testing Post-2008 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.