PFIX - Strong Bull CaseTwo Ascending Triangles! One large and one small that are both looking to breakout to the upside Double curved line indicates the breakout Very early stages of price action, bullish breakout could be very aggressive An Ascending Triangle is a bullish chart pattern by Bixley1
Hedge for High Interest RatesHere is great high interest rate hedge. While I wanted to use USINTR to compare, it didn't look obvious for easy analysis, so I used USIRYY instead since both are greatly correlated. The Fed keeps talking like a dove but acting like a hawk: like promising soft landings from transitory inflation, yet suddenly choosing rare 75 bps increase, even though they previously implied 50 bps would be the most. So, I expect next few rate raisings will be at least that much, possibly a full point even during this summer. That would be great for this ETF going up, which is currently on sale, thanks to more direct & intense QT from the Federal Reserve.Longby roelds2