iShares Barclays 20+ Yr Treas.Bond (TLT) : Fail to hold on to kumo support

  TLT fails to hold on to its bullish run and break down from the kumo support. A bearish cross was sighted on the Ichimoku chart and today the price open below the kumo support of around 90.6 On the Ichimoku Daily chart, we can see a support at around $89.6   And on the… Continue reading iShares Barclays 20+ Yr Treas.Bond (TLT) : Fail to hold on to kumo support

Scana Corp (SCG) : Poise to break Ichimoku Weekly Kumo Resistance

On the Ichimoku Weekly chart, SCG just pierce through the kumo resistance though not convincingly. There is a chance that this will be the start of a long term bullish trend. However, we might want to take note that it is now within a triangle pattern and it is possible that it will go either… Continue reading Scana Corp (SCG) : Poise to break Ichimoku Weekly Kumo Resistance