10 year US Treasury Note MARCH 2020 has broken through the support line of a Channel Up. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 130.8726 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
A Channel Up has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Brent Crude was identified at around 68.572 having recently rebounded of the support on the 4 hour data…
After trying numerous times in the past, US Oil finally breaks 64.8375!
The breakout of US Oil through the 64.8375 price line is a breach of an important psychological price…
Because Gold Spot formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Gold Spot is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…