After a tremendous run in 2017, $LIT was beat up and gave back much of its gains to begin 2018. However it has broken the down trend and has established a strong counter trend. This is a necessary battery for much of our consumer tech and global industrial tech. As always must make new highs to confirm a reversal with multiple indicators supporting, this looks...
The 2016 trendline from February lows is still in play, this flag will resolve itself soon. Based on earnings #s, looks like this resolves higher. Need to regain 26 week moving average to confirm trend change.
30 year represents long term growth expectations, the 10 year has already broken out as linked below. This down trend is not as clean of a break as that one and will need a continuation after today's test the of February highs. 10s 2s spread hit ~39bps recently now at 49bps. If we get a confirmation the first target is 3.74 as a measured move which happens...
