iShares TIPS Bond ETFUpdated TIP monthly - on watch, trend may be turning
RSI above 50, MACD positive and price is staging a breakout I guess. Rising inflation is good for precious metals and commodities.
Note
Breakout confirmed. This probably means weaker dollar and lower rate is ahead. Should be good for commodities and precious metal.Note
I was right on. What surprised me it is weakening in recent months... Maybe inflation expectation is peaked? and coincidentally rate is peaked too?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.