Bonds Nearing Breakout
Image Source: Pixabay
I’ve got to say, this fund of treasury bonds is looking better by the way. If IEF can clear the top of its basing pattern at about 96.26, this thing should blast higher.
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Sam Perry
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4 weeks ago
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The article underscores how even a modest technical trigger—like IEF clearing the ~96.26 level—can spark significant upside momentum in bond funds, highlighting the power of chart breakouts in driving market enthusiasm. It’s a reminder that attentive traders can gain an edge by monitoring key price patterns and recognizing when markets might be poised for sharp moves.
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