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CosmicDust

TIP monthly - on watch, trend may be turning

iShares TIPS Bond ETF (AMEX:TIP)  
CosmicDust Updated   
AMEX:TIP   iShares TIPS Bond ETF
Trend Analysis Chart Patterns
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trendanalysis chartpattern
RSI above 50, MACD positive and price is staging a breakout I guess. Rising inflation is good for precious metals and commodities.
Comment:
Breakout confirmed. This probably means weaker dollar and lower rate is ahead. Should be good for commodities and precious metal.
Comment:
I was right on. What surprised me it is weakening in recent months... Maybe inflation expectation is peaked? and coincidentally rate is peaked too?
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