10 year US Treasury Note SEPTEMBER 2019 has broken through the resistance line of a Ascending Triangle. It has touched this line at least twice in the last 12 days. This breakout indicates a potential move to 128.2726 within the next 21 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
Because Natural Gas formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
A Channel Down pattern was identified on Natural Gas at 2.7805, creating an expectation that it may move…
A possible move on Silver Spot as it heads towards support
Silver Spot is approaching the support line of a Channel Up. It has touched this line numerous times…
A possible move by Natural Gas towards 2.8829
Natural Gas has broken through the support line of a Pennant technical chart pattern. Because we have seen…