IS04 - SAFE HAVEN -
Added 2024-10-17 19:02:38 +0000 UTCThis is the ETF I own which is European equivalent of $TLT and my Bond Safe Haven.
This chart gives me no concerns:
-The impulse wave is clear
-The hold on the 200 Day MA is clear
-The hold on the 0.618 Fib is clear at 3.06 and again at 3.18 this week and bouncing.
Price is testing the 50 Day MA now, so a break above this level and the blue line is next at 3.36
A hold above this level and the Bull Case is confirmed for me and I will add again
This and Silver will be treated the same, holding until the equities market in the US completes its correction.
Comments
Europeans not interested in dividends can also use DTLA. That is an accumulating version bonds.
Martechnic
2024-10-18 05:25:23 +0000 UTCAnd TMF is a 3x version bonds. Also, should we look at us10y and/or 20y charts instead of these bonds? Since the yields are leading and bonds are inverted to this?
Martechnic
2024-10-18 05:24:32 +0000 UTCWorth mentioning $TLT5👍 Leveraged TLT
Vojtěch Šimeček
2024-10-17 19:05:20 +0000 UTC
