Sentences with phrase «month uptrend line»

WTI Crude oil, meanwhile, has slipped down to near key make - or - break territory after Thursday's bearish DOE stats, and will need to rally quickly to avoid undercutting this six - month uptrend line which has been in place since January.

Considering the NASDAQ has recently broken a 17 - month uptrend line and its 10 - week moving average (blue line above) is rolling over, negative price momentum is certainly building.

Not exact matches

Now, it appears as though TMF is setting up to break out above resistance of its 3 - month downtrend line and resume the long - term uptrend that has been in place for nearly 2 years.

Last month, $ EEM convincingly broke down below support of a long - term uptrend line, and is now bouncing into new resistance of that prior support line (which is also converging with resistance of its declining 50 - day moving average).

Unlike the S&P 500, the NASDAQ is already trading below its 10 - month moving average, but the index is still trading above its long - term uptrend line:

This occurs after dollar - strengthening price action for the past week has prompted EUR / USD to correct back down to this uptrend line on the heels of hitting a 14 - month high around 1.5060 in the beginning of the week.