|US HG Bonds Review|
US High Grade Bond's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.
Line 11 Matrix, High Grade Corporate Bonds
Matrix output shows subscribers that high grade corporate bonds (LQD) has been Trip UP (triple upside alignment) for 67 days. This has been a good trade. The text is read because the cycle is B-Late. The key word for those reading output in google sheets is Late. Traders do not hold late setups. If you haven't sold, it's time. Why is it time? Alignment in the daily trend displays the following statistics BuS = 3.3, BuT = 67, and BuST = 3.54. These numbers show us that the daily alignment is extremely extended. BuS, the profit of the impulse 8%, is over three standard deviations past the normal cycle. BuST, the duration of the impulse, is over three standard deviations past the normal cycle. Basic statistics says readings past 2 standard deviations are rare. Readings past 3 are really rare. I rarely see daily Z scores past 4 in the daily column in any market of the tracked by the Matrix. It's tell to take profits.
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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.