$TMF - SAFE HAVEN -
Added 2024-09-25 12:56:24 +0000 UTCI want to be very clear here, every pull back in $TLT and $TMF over the next few weeks is an opportunity to buy the dip.
I would not say this on other positions but Bonds will increase when the Fed continue to Rate Cut and the 10 Year Yield moves down.
I have added in the green fib levels to show where a pull back can continue to.
We can see right now that the pull back is testing the top of the wedge breakout level at $58, which is also the 50 Day MA, the 200 Day MA is at the 0.5 Fib at $53, which is also a level of interest, holding on either levels, or the 0.618 Fib and we should be adding to our positions.
Comments
looking fwd to picking it up again
Paul
2024-09-26 01:32:06 +0000 UTCYeah I have been buying but it kept going down, why. Who is selling? :(
Amy
2024-09-25 17:57:55 +0000 UTCmy buy in at $67 has been brtual
AL
2024-09-25 15:33:38 +0000 UTCGar I donโt have TLT & TMF in my broker. Could DTLA.UK give same results like TLT ?
WiktorW
2024-09-25 13:32:02 +0000 UTCCouldn't a hold just be wave A of an ABC correction?
Luc
2024-09-25 13:05:19 +0000 UTC
