Investing in treasuries has always been seen as a flight to safety and this last few months has been no different. Although the S&P 500 has rallied sharply since falling into a bear market in March, it is still down around 14% year to date.
TLT, the treasury bond fund, on the other hand, is up almost 25% over the same period.
The GoNoGo Trend signaled a “Go” early in January and although it painted 1 amber bar on the 18th of March has continued to paint blue bars ever since. Note that there have been several green re-entry icons during this time.
Interestingly, we recently tested zero on the GoNoGo Oscillator and have bounced off it. This suggests a renewed upward move. The most recent re-entry green circle was April 20th. An upside target could be the prior high on March 9th.
What does this mean for the S&P 500? See the linked idea below.
TLT, the treasury bond fund, on the other hand, is up almost 25% over the same period.
The GoNoGo Trend signaled a “Go” early in January and although it painted 1 amber bar on the 18th of March has continued to paint blue bars ever since. Note that there have been several green re-entry icons during this time.
Interestingly, we recently tested zero on the GoNoGo Oscillator and have bounced off it. This suggests a renewed upward move. The most recent re-entry green circle was April 20th. An upside target could be the prior high on March 9th.
What does this mean for the S&P 500? See the linked idea below.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.