10 year US Treasury Note DECEMBER 2019 has broken through the resistance line of a Double Bottom technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 8 days and suggests a target line to be around 132.5647 within the next 2 days.
Related Posts
A possible move on Gold Spot as it heads towards resistance
Gold Spot is approaching the resistance line of a Inverse Head and Shoulders. It has touched this line…
After trying numerous times in the past, Silver Spot finally breaks 31.9950!
The price of Silver Spot in heading in the direction of 32.4764. Despite the recent breakout through 31.9950…
Because US Oil formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower
US Oil is moving towards a support line. Because we have seen it retrace from this line before,…