Sentences with phrase «potential uptrend line»
Not exact matches
Although it is bearish that SPY now has a plethora of overhead supply and technical resistance levels to contend with, one potential ray of sunshine in the storm clouds is that SPY is coming into major support of a year - long uptrend line.
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The weekly chart below shows the long - term uptrend in TMF, while the daily chart that follows shows the potential breakout above the intermediate - term downtrend line.
On our internal watchlist as a potential short sale if it bounces into new resistance of its prior uptrend line, SPDR Gold Trust ($ GLD) could -LSB-...]
On our internal watchlist as a potential short sale if it bounces into new resistance of its prior uptrend line, SPDR Gold Trust ($ GLD) could be headed for a more significant, intermediate to long - term correction.