Today we will analyze the index 13-WEEK TREASURY BILL USA (IRX) for internet stock trading in the INDICES stock market,
Stock Technical indicators to notice in 13-WEEK TREASURY BILL USA (IRX)
1- Last bearish trend was from 0.09 $ (5/1/2012) to 0.07 $ (5/4/2012) a 0.02 $ move 2- The current bullish trend started from 0.07 $ at 5/4/2012 and is currently trading at 0.09 $.
3- IRX current support level is at 0.09 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- IRX current resistance level is at 0.10 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
13-WEEK TREASURY BILL USA (IRX) Short term stock chart patterns for internet stock trading :

6- The Index formed Double Top Pattern at 0.090 .
7- The Index formed a 0.030 $ height triangle.
13-WEEK TREASURY BILL USA (IRX) Mid term stock chart patterns for internet stock trading :

8- The Index formed Double Top Pattern at 0.090 .
9- The Index formed a 0.030 $ height triangle.
13-WEEK TREASURY BILL USA (IRX) Long term stock chart patterns for internet stock trading :

10- The Index formed Double Top Pattern at 0.090 .
11- The Index formed a 0.030 $ height triangle.

Stock Trading Conclusion:
13-WEEK TREASURY BILL USA (IRX) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.095, 0.102.
Stock Support levels : 0.085, 0.082, 0.080, 0.078, 0.075, 0.070,.