Short high yield debt

Forming a topping pattern with a recent right shoulder in the process.

Potential early entry now, through a spike higher is a possibility. Else wait for pattern completion.

I view the H&S target as a minimum ... it could drop far further

עסקה פעילה:

H&S top potentially completing

הערה:

The H&S target was actually 84, not 81 as shown on the chart