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TMV Triple Inverse Treasury Bill ETF LONG
Direxion Daily 20-Year Treasury Bear 3X
Long
TMV Triple Inverse Treasury Bill ETF LONG
By AwesomeAvani
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Updated
Jan 25
5
Cheer
Cheer
Jan 11
TMV on the 4H chart appears to be reversing a trend down since 12/28. YTD it is rising.
The reasonable target is the Fib 0.5 retracement at $40 while support for a stop loss
just below the POC line of the volume profile is $29.25. As such this is a 35% upside.
The RSI indicator shows the fast RSI rising and crossing over the slower RSI while the
relative volume indicator shows increasing volumes reacting to the price bottoming and
accumulation underway. I see this as a long trade set up while recognizing that fundamentals
such as interest rate adjustments and inflation data could impact the technicals.
Jan 25
Trade active
Price up 10% since open position. holding getting call options on the dips.
bonds
Fibonacci
inflation
inverseetf
Oscillators
rsimtf
TBT
TLT
TMF
TMV
volumeprofileanalysis
Volume
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