CosmicDust

TIP monthly update - bearish - 6/5/2015

AMEX:TIP   ISHARES TIPS BOND ETF
tip
24 0 3
tip
TIP started June with a bearish tone with support broken (tentatively). Note the serial lower highs since last October and downward pointing 10 month MA. RSI is weakening with broken support and MACD is turning negative (so far).

With this backdrop I highly doubt the Fed will raise rate any time soon, as that makes no sense.

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