Travelers Cos Inc. is heading towards the support line of a Descending Triangle. If this movement continues, we expect the price of Travelers Cos Inc. to test 144.30 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
Travelers Cos Inc. is moving towards the support line of a Descending Triangle 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 Travelers Cos Inc. continues […]
Soybean Meal OCTOBER 2019 is moving towards the support line of a Descending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test […]
Gold DECEMBER 2019 is heading towards the support line of a Descending Triangle and could reach this point within the next 18 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 […]
E-mini S&P 500 SEPTEMBER 2019 is moving towards the support line of a Descending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may […]
XAU/USD has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 5 days. This breakout indicates a potential move to 1482.7999 within the next 11 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of […]
Soybeans NOVEMBER 2019 is moving towards the support line of a Descending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 32 days and may test it […]
US Treasury Bond DECEMBER 2019 has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we expect the price of US Treasury Bond DECEMBER 2019 to test 164.7044 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, […]
US Treasury Bond DECEMBER 2019 is moving towards the support line of a Descending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may […]
EUR/CHF is approaching the support line of a Descending Triangle. 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 22 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
