Thread: Making Money in the F Fund

Futurestrader,

Just touching bases with you. Do you think that the technicals and/or fundamentals support buying the F fund now? I am looking at $TNX 6-month daily chart. $TNX made an intraday high of 46.22, which almost touched the 50 DMA reading at 46.27 and closed the day at 45.99. Thanks.

Originally Posted by FUTURESTRADER

$TNX looks to still have some room up to 4.65 resistance, could be achieved in 2-3 biz days, now at 4.597

Boy, the "F" is STINKIN' lately!

re: $TNX "what's overbought/oversold, can STAY overbought/oversold"

F fund showing a descending triangle with the price hangin' on the lower trendline/support level. If this pattern proves to be a continuation, the measure bull move in the F could be over until the Fed or something else sparks it.

The Top Bond Timers are now Bearish. Contrarian indicator, we shall see.