An article by ZeroHedge.com states that high yield corporate bonds have been a leading corporate equity (stocks) in trading action. So whats next?

Ref: Another Late Day Dumpfest Ends Worst Thanksgiving Week Ever For Stocks

Stocks sold down on the half day of thanksgiving, yet the TBT did not, we also here that the USA economy is ticking up (trucking and rail activity picking up), plus a quick review of HYG tells us that we are due for a bounce.

There are three trades with Hurst cycles, sell when they peak, buy when the trough, and invert when price breaks the cycle. Unless we get an inversion (unlikely, subject to full on Lehman type crash) our bias is with the bullish side on Monday.