Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

JNK-LQD Leading Indicator = Risk On (For Now)

|Includes: DIA, SPDR Bloomberg Barclays High Yield Bond ETF (JNK), LQD, QQQ, SPY

Until such time as this indicator falls back below the moving averages, the will to speculate is indicated to be alive and well and the health of over committed bears is indicated to be threatened.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.