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InvestingScope
Jun 5, 2019 10:22 AM

iShares TIPS Bond ETF: Possible Top. Sell opportunity. Short

iShares TIPS Bond ETFArca

Description

TIP has potentially priced a top on the 2019 aggressive rally that started last with last November's bottom. 4H is already pulling back STOCHRSI = 8.271, STOCH = 41.432). The Golden cross took place in March and the MA50 has been acting as a Support since then. Based on the last two occurrences, the price should now consolidate around the 1D MA50 before making a more aggressive sell move into the new bear market. Our first TP is 113.30.





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Comments
nickarshad1
@InvestingScope: Any updates?
nickarshad1
@InvestingScope: Is this still on?
nickarshad1
@nickarshad1, @InvestingScope: Is this invalidated now?
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