Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

TMF Approaching $47 Support Level

Written By: ChartChamp

October 22, 2024

TMF has been gradually decreasing since Sept, and is approaching my buy target at the light blue trendline. I think there could be a rebound around $47 for a buy opportunity. US bonds are a safer investment with lower ROI. Money has been flowing back and forth between risk-off bonds and risk-on stocks. It is important to pay attention to the trends to see if investors are scared of the macroeconomic situation or not. Currently the sentiment is bullish and investors are willing to take risks with stocks at all time highs.

Follow me on social media: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

DXY Trading in a Resistance Zone

The U.S. dollar index has experienced a lot of upside since Sept. 30. In my last update I discussed the $104 resistance zone as a key price level for DXY to start trending back down. So far DXY continues to show bullish momentum into resistance. I would like to see DXY experience a pullback in […]

Read More
Default Thumbnail

DXY Approaching $104 Resistance

DXY has experienced a lot of upside since Sept. 30. A strong DXY is bearish for the financial markets, but interestingly DXY, stocks, and crypto have managed to rally together. I think DXY is approaching resistance here around $104. I would monitor for a rejection between $103.925 and $104.272. A pullback for DXY could help […]

Read More
Default Thumbnail

TLT Approaching $92 Support

US bonds have experienced a correction, and TLT is approaching a light blue support level around $92. I would monitor for a bullish rebound, and TLT needs to find support above $96.02 to trend up higher. I think there could be a nice swing trade opportunity to buy at $92. 10 year bond yields have […]

Read More
Default Thumbnail

DXY Trading in a Resistance Zone

The U.S. dollar index has experienced a lot of upside since Sept. 30. In my last update I discussed the $104 resistance zone as a key price level for DXY to start trending back down. So far DXY continues to show bullish momentum into resistance. I would like to see DXY experience a pullback in […]

Read More
Default Thumbnail

DXY Approaching $104 Resistance

DXY has experienced a lot of upside since Sept. 30. A strong DXY is bearish for the financial markets, but interestingly DXY, stocks, and crypto have managed to rally together. I think DXY is approaching resistance here around $104. I would monitor for a rejection between $103.925 and $104.272. A pullback for DXY could help […]

Read More
Default Thumbnail

TLT Approaching $92 Support

US bonds have experienced a correction, and TLT is approaching a light blue support level around $92. I would monitor for a bullish rebound, and TLT needs to find support above $96.02 to trend up higher. I think there could be a nice swing trade opportunity to buy at $92. 10 year bond yields have […]

Read More