SPDR Series Trust SPDR Portfolio S&P 500 High Dividend ETFArca
Description
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now looks like a time folks are building cash reserves, and dividends are heavy and looking like a top within this cycle. It ties in together nicely w/ folks dumping bonds and dividends. Risk off? I would like to buy up these in about 18 months-2 years for the long haul As I see both SPYD and TLT becoming cheaper.
technical analysis: I see a bearish cypher pattern, which needs to return back down to the 4th Eliott Wave, which should be near the bottom of the trend line near the end of 2024-start of 2025..See my TLT charts