For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 3.94% move on Mcdonalds Corp.. The movement has happened over the last 11 days. For those trend followers among you, you may think about riding this trend. Did you know that our social media feeds […]
10 year US Treasury Note SEPTEMBER 2019 is heading towards the resistance line of a Rising Wedge 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. […]
USD/JPY is heading towards the support line of a Descending Triangle. If this movement continues, we expect the price of USD/JPY to test 107.5200 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
Merck & Co. Inc. has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 14 days. This breakout indicates a potential move to 87.61 within the next 14 hours. Because we have seen it retrace from this positions in the past, one should wait […]
Gold AUGUST 2019 has broken through the support line of a Triangle 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 2 days and suggests a target line to be […]
XAU/USD has broken through the support line of a Triangle 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 16 hours and suggests a target line to be around 1413.1711 […]
Lean Hogs AUGUST 2019 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 Lean Hogs AUGUST […]
American Express Co. has broken through a line of 125.05 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 127.36 can be expected within […]
EUR/CHF is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 7 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 at […]
Home Depot Inc. is heading towards the resistance line of a Channel Up and could reach this point within the next 3 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 […]
