Using a parallel channel tool, I drew a precise line using gaps as starting points and end points, middle channel also using gaps as reference.
I always compare my charts to DXY, USDWTI, DGS10-DTB3 (yield curve) and market indices, particularly SPX.
Comparing the 10 year note yield to SPX painted a clear picture. ...
Two possible scenarios that can happen. Diagonal lines show possible support and resistance lines, while horizontal lines mark gaps that can be used as support or resistance. Also illustrated fibonacci retracements. Proper sequence should be observed.
We should see a rapid increase in the price of commodities in ...