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gillyblore
Feb 18, 2021 9:33 AM

VUTY Weekly - Lateral support  Long

VANGUARD FUNDS PLC USD TREASURY BOND UCITS ETF USD DISLSE

Description

I am not as bearish on dollar as general market consensus.

From a technical perspective:
- Sitting on good weekly support
- RSI divergence
- RSI oversold territory
- Extended from 20SMA

Slowly scaling into my long term portfolios at these levels for a bounce -think the RR is decent and a 1.4% divi yield helps. Good diversification option (dollar & fixed income).
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