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Big movement expected on Merck & Co. Inc. after a breach of the support

Merck & Co. Inc. has broken through a support line of a Triangle and suggests a possible movement to 76.86 within the next 21 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 9 days.

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FRA40 – breach of a trending support line that has been tested at least twice before.

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10 year US Treasury Note SEPTEMBER 2020 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 4 days.

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