stock price trading

monica-kingsley

Stock Trading Alert #3

June 18, 2020, 12:35 PM Monica Kingsley

Today's session is one of the calmer ones, and unfolding in line with the presented outlook. I would point out the intraday stabilization in high yield corporate bonds (HYG ETF) as a bullish sign for the coming sessions. It's that by refusing to decline, they're setting the stage for their upcoming move higher, which is positive for the S&P 500.

Our open long position remains justified.

Thank you.

Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.

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