10 year US Treasury Note DECEMBER 2020 has broken through the support line of a Triangle. It has touched this line at least twice in the last 3 days. This breakout indicates a potential move to 139.0719 within the next 18 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Gold Spot – approaching a resistance line that has been previously tested at least twice in the past
Gold Spot is moving towards a resistance line which it has tested numerous times in the past. We…
After testing 68.5575 numerous times, US Oil is once again approaching this price point. Can we expect a bullish trend to follow?
The movement of US Oil towards 68.5575 price line is yet another test of the line it reached…
Natural Gas is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 14 days.
An emerging Falling Wedge has been detected on Natural Gas on the 4 hour chart. There is a…