10 year US Treasury Note SEPTEMBER 2021 has broken through the resistance line of a Ascending Triangle. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 133.9401 within the next 13 hours. 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 possible move on US Oil as it heads towards resistance
A Channel Up pattern was identified on US Oil at 62.74, creating an expectation that it may move…
Natural Gas – approaching a price line that has been previously tested numerous times in the past
Natural Gas is heading towards 3.2265 and could reach this point within the next 8 hours. It has…
Brent Crude – approaching a support line that has been previously tested at least twice in the past
Brent Crude is moving towards a support line which it has tested numerous times in the past. We…