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Breach of support could mean a start of a bearish trend on American Express Co.

American Express Co. has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of American Express Co. to test 134.68 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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FRA40 – approaching a price line that has been previously tested numerous times in the past

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10 year US Treasury Note MARCH 2020 has broken through resistance of a Ascending Triangle. It has touched this line at least twice in the last 11 days.

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