US 10 YR YIELDS -major downtrend broken -inflation starting to pick up -rounding bottom starting to form -record debt>>major concern for debt holders worldwide -bring on the collapse
Doji formed on the weekly, signaling potential price direction change falling volume indicating exhausted selling stochastic's starting to rise significantly and pro's have have been accumulating
Cup and handle formation still in play low volume, no confirmation of a breakout yet Take profit zone is 52.5-56c based on a measured move 4th test of 47c resistance level and soaking of retail sellers large buy orders continuing to come in at 46c support
Long term bullish flag formation Huge volume on breakout Buy v sell ratio increasing Oscillators trending upwards Cup and Handle formation in place after test of 46c. Next 7 days important for trend to continue and break of 46c to occur. Old highs of 55c. Cup and Handle depth show 55c likely to be retested News announcements due shortly as well on drilling Gold...
Falling Wedge Patten - Bullish breakout building 7.2c major support in line with 200MA(pink) coming into play News not far away A break out of the wedge with good volume will support the rally