BLACKROCK Municipal Income TRUST V.BFK.P

Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.

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BLACKROCK Municipal Income TRUST > S&p500 was oversold---RSI under 20

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Post by Ghostinthedarkon Jan 24, 2022 12:59pm

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Post# 34353687

S&p500 was oversold---RSI under 20

So, you are seeing a bounce (stock move higher from previous hour ..or day), then reverses and moves lower and lower... I expect the S&P500 to continue to slide lower on the weekly chart. Just a bounce right at this timeframe.

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