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Bonds Say Bull to Bulls

This is a syndicated repost published with the permission of Slope of Hope – Technical Tools for Traders. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

On an intraday basis, equities reached multi-month highs on Thursday. All I can say is: bonds aren’t buying it. Just look at what’s going on with the high-yield world. Bearish engulfing patterns everywhere.

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