$TLT touching on support MA50
TLT has just touched on the ma50 line @145.71 which is also the top on June 18.
With gold out of favour and USD going up, the smart money is pouring into the treasury bond. this is a good time to collect some bond for the next 1-2 years.
Interest rate should stay low for the mean time and equities should be hot for the coming year.
With gold out of favour and USD going up, the smart money is pouring into the treasury bond. this is a good time to collect some bond for the next 1-2 years.
Interest rate should stay low for the mean time and equities should be hot for the coming year.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.