TIPS Continues Higher

By | July 8, 2014

The weekly chart shows the move in the iShares Barclays TIPS Bond Fund (TIP) since the beginning of the year. The 50 day moving average made a golden cross above the 200 day average in March, and the TIP has penetrated several layers of Fibonacci resistance. The price momentum indicators are tracking higher and money flow is solidly positive.

38. Tips chart

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