iShares TIPS Bond ETF: Possible Top. Sell opportunity.
Dilihat 70 kali
TIP has potentially priced a top on the 2019 aggressive rally that started last with last November's bottom. 4H is already pulling back STOCHRSI = 8.271, STOCH = 41.432). The Golden cross took place in March and the MA50 has been acting as a Support since then. Based on the last two occurrences, the price should now consolidate around the 1D MA50 before making a more aggressive sell move into the new bear market. Our first TP is 113.30.
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Comments and likes are greatly appreciated.
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nickarshad1
@InvestingScope: Any updates?
Balas
nickarshad1
@InvestingScope: Is this still on?
Balas
nickarshad1
nickarshad1
@nickarshad1, @InvestingScope: Is this invalidated now?
Balas
