Boeing Co. is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days. Did you know that our social media feeds are updated only 3x per day, and don’t look […]
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 6.36% move on XAG/USD. The movement has happened over the last 12 days. For those trend followers among you, you may think about riding this trend. Did you know that our social media feeds are […]
10 year US Treasury Note DECEMBER 2019 is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of 10 year US Treasury Note DECEMBER 2019 to test 129.4688 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times […]
Those of you that are trend followers are probably eagerly watching Cisco Systems Inc. to see if its latest 8.23% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 7 days move. Did you know that our social media feeds are updated only 3x per […]
EUR/JPY is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. 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 […]
Gold DECEMBER 2019 has broken through a support line of a Rising Wedge and suggests a possible movement to 1460.5377 within the next 12 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 […]
Feeder Cattle JANUARY 2020 has broken through the support line of a Rising Wedge 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 20 days and suggests a target line […]
Exxon Mobil Corp. is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of Exxon Mobil Corp. to test 69.00 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
EUR/CHF is moving towards the support line of a Channel Down 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 EUR/CHF continues in its current trajectory, […]
Home Depot Inc. 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 Home Depot Inc. continues […]
