Monday, January 12, 2015

Blackrock Corporate High Yield MUTF (BHYSX) Tests Long-Term Support

The daily chart below shows that the $15 billion total asset BHYSX appears to have successfully tested dual long-term support lines.

Click Chart to Enlarge

While the weekly chart below shows that BHYSX is essentially at long-term support (but the week is not over).

Click Chart to Enlarge

Not Investment Advice | Important Disclaimer: 
The content in this article, including the identification and discussion of any specific security (e.g., bond fund), is NOT meant to be and should NOT be construed and/or used as investment advice. This article is for general information and educational purposes only. Please read the Disclaimers  for in their entirety. The U.S. Securities and Exchange Commission website has guidance on selecting an investment adviser.

Financial Disclosure:
The author/publisher has positions in several corporate high yield bond mutual funds at the time this article was written

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