Something is gonna give soon.
SPX500 wedging itself into a rising wedge.
S&P500 testing Uptrend line.
If price action remains in Uptrend channel.
thepatternsite.com Breakout can be in either direction.
US 10Y yield - Bearish RSI divergence.
US Dollar Index- Reverse Head and Shoulders pattern confirmed.
Initially prevailing Downtrend - Yellow line. 1- Downtrend is disrupted. 2- Temporary new dip is made (either higher, equal, or lower than prior immediate bottom). 3- Old previous high of 2 is taken out. If all 3 points are taken out, this is a 1-2-3 trend reversal. For further information: thepatternsite.com
Initially prevailing uptrend - Yellow line. 1- Uptrend is disrupted. 2- Temporary peak is made (either higher, equal, or lower than prior immediate high). 3- Old previous low is taken out. If all 3 points are taken out, this is a 1-2-3 trend reversal.
Gold (AUD) log long term chart. If ascending wedge fails to the downside, it is hello yellow support line.
Telsla- Inside a ascendening broadening wedge.
If the US 10 yr treasury rate falls, the breakout will be upward breakout.