I am bullish on US treasuries headed into 2025. Warren Buffett has also been loading up on US Treasuries, I think it is a safe investment right now with some great upside. The price action has been pretty neutral within this red resistance zone. I’m interested in buying TLT if the price drops lower near the white support line. For now I’ll monitor TLT for some downside and a buy opportunity.
Follow me on social media: https://linktr.ee/realchartchamp
The U.S. Dollar Index has experienced a strong rally since bottoming out around $100. A strong DXY is usually bearish for financial markets so the stock market should not be showing so much strength while the DXY is rallying. DXY’s rally could also be one of the factors for crypto’s selloff. I think DXY is […]
Read MoreTMF has held strong throughout August and September, but is starting to show some weakness in October. I have $54.72 and $47.50 as two key support levels to monitor. TMF is also trading near local support around $56, I would monitor to see if the $56 and $54.72 support levels hold for now. Follow me […]
Read More
There is a misconception that the U.S. economy has been tightening. The reality is we have experienced QE through excessive government spending and liquidity injections from the US treasury. Data shows our economy is as loose as it was during the 2021 meme stock rally. As the Fed continues to cut rates conditions could become […]
Read More
The U.S. Dollar Index has experienced a strong rally since bottoming out around $100. A strong DXY is usually bearish for financial markets so the stock market should not be showing so much strength while the DXY is rallying. DXY’s rally could also be one of the factors for crypto’s selloff. I think DXY is […]
Read MoreTMF has held strong throughout August and September, but is starting to show some weakness in October. I have $54.72 and $47.50 as two key support levels to monitor. TMF is also trading near local support around $56, I would monitor to see if the $56 and $54.72 support levels hold for now. Follow me […]
Read MoreThere is a misconception that the U.S. economy has been tightening. The reality is we have experienced QE through excessive government spending and liquidity injections from the US treasury. Data shows our economy is as loose as it was during the 2021 meme stock rally. As the Fed continues to cut rates conditions could become […]
Read More