TAXI is an exchange-traded fund that tracks intermediate-term municipal bonds in the United States, targeting securities with maturities below 15 years and investment-grade ratings. The fund typically allocates at least 80% of its assets to bonds whose interest payments are excluded from federal income taxation. As a non-diversified fund, it may concentrate holdings in fewer issuers than typical diversified funds.

entry readiness 37 · WEAK SETUP · exit proximity 0

Value area 50.37–51.02 · 93% of 120d volume overhead · heavy supply