VUTY Weekly - Lateral support
I am not as bearish on dollar as general market consensus.
From a technical perspective:
- Sitting on good weekly support
- RSI divergence
- RSI oversold territory
- Extended from 20SMA
Slowly scaling into my long term portfolios at these levels for a bounce -think the RR is decent and a 1.4% divi yield helps. Good diversification option (dollar & fixed income).
From a technical perspective:
- Sitting on good weekly support
- RSI divergence
- RSI oversold territory
- Extended from 20SMA
Slowly scaling into my long term portfolios at these levels for a bounce -think the RR is decent and a 1.4% divi yield helps. Good diversification option (dollar & fixed income).