The breakout of US Treasury Bond DECEMBER 2021 through the 162.5938 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of US Treasury Bond DECEMBER 2021 to test 162.9781 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
If Natural Gas touches 3.9275 it may be time to take action.
The movement of Natural Gas towards 3.9275 price line is yet another test of the line it reached…
Supports and resistances are primary concepts of technical analysis. US Oil is heading for an important price of 65.9135 – read about what this could mean for the future.
A strong support level has been identified at 65.9135 on the 1 hour US Oil chart. US Oil…
Gold Spot is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
An emerging Channel Down has been detected on Gold Spot on the 4 hour chart. There is a…