Elliott Wave Analysis of Junk Bonds ETF (ticker JNK) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Junk Bonds ETF (ticker JNK) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. On the weekly chart, after the large 5-wave downward impulse from late 2007 through March 2009, junk bonds recovered (partially) via what appears most likely as a corrective ABC zigzag, culminating at the .707 retracement fib in May 2013. Notice […]
