The ETF is down on the day, since yesterday the market segment is down -1.24%. It looks like TDTF may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In addition to being near an angled support line TDTF is near a decent horizontal support line. It may find support at this level and bounce upward. TDTF hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't shown the selling pressure to make
me feel certain it will break through the line.
If we get a reversal off of support and Flexshares Iboxx 5-year Target Duration Tips Index Fund starts moving up, it can probably get to $24.39 at which point it'll need to break through that resistance level in order to keep moving higher. If it punches through this support level, it can easily push down to $23.71 where it may meet further support, hopefully it can consolidate around that point.
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
