WIth two consecutive up side breakouts recent months, I reckon the odds for higher rates are higher than a dip back into the range. Time will tell...
Some wiggle room short term is in the cards, but further out a long term breakout should not be ruled out.
A breakout like this one could potentially ignite a longer term move up, potential for a spill over effect in other industrial commodities.
A weekly breakout like this could potentially ignite a longer term move up.
Interest rates on German Bunds (10YR) have reached the previous all time low, time for a pause? This could potentially lend short term support to equities in my opinion
Company growing revenue while earnings are still heading south. Interesting to see earnings report whether management can start making growing revenue turn into positive earnings. Mcap chart tells the chart has already broken out of long term base, but is it relevant?
That grains started moving up recently from historically low prices based on a ratio of grains / S&P500 + the on going bear market in the US Dollar may help trigger bull markets in other commodities. Nothing is for certain, that's for sure, but looking at a chart of sugar dating back to late 1950's do tell the recent lows have come at historic turning points. Huge...
TYX aka 30 year treasury yields seem to be on the verge of ending it's 30 year downtrend. Short term ripe for a move down considering overhead resistance, but long term seems more likely to move up or sideways rather than lower considering it is near it's apex and shorter term rates are already strong.
Based on daily charts, it seems IOTUSD is on the verge of breaking out again. Mind you, it's not given all breakouts will work or will be "text-book" like, see STRATUSD for my point.
OMG / USD OmiseGo is yet another recent chart pattern breakout, crypto's littered with good breakouts recently.
Probably missed by most? Nice chart pattern breakout a few day back
Now basing after a great high volume breakout. Worth watching going ahead?