Jpmorgan Chase & Co. is moving towards the support line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Jpmorgan Chase & […]
3m Co. has broken through a resistance line of a Triangle and suggests a possible movement to 168.11 within the next 20 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 […]
The movement of USD/CAD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 14 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
E-mini S&P 500 SEPTEMBER 2019 has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we expect the price of E-mini S&P 500 SEPTEMBER 2019 to test 3008.3184 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, […]
Caterpillar Inc. is heading towards a price line of 120.03 and could reach this point within the next 22 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
The movement of USD/CHF towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 14 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
The breakout of Silver DECEMBER 2019 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Silver DECEMBER 2019 to test 19.0994 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the […]
US Treasury Bond DECEMBER 2019 has broken through a support line of a Triangle and suggests a possible movement to 163.9828 within the next 5 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 […]
The movement of Verizon Communications Inc. towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or […]
Those of you that are trend followers are probably eagerly watching EUR/USD to see if its latest 1.92% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 10 days move. Did you know that our social media feeds are updated only 3x per day, and […]
