Have We Got a Sleeper in the Works?

"The Trend is Up! Support is in Place. Sideways Consolidation Paves Way for Move Upward? Could Be!

July 29 - Treasury Spread in Tandem with S&P Index. The two seem to run together. The Trend of both is UP!
2 Day, 10 min. - July 29 - Candlesticks work best in the 10 or 15 minute time set-up. Yesterday the CCI and MACD worked in Tandem to support a trade (Gold Spots). Today there was a CCI signal unsupported by a rising MACD therefore no trade taken. It could have worked with some anxiety along the way.
20 Day, 2 Hour - July 29 - Bigger Trend is Bullish. Last 5 Days have been sideways. Old Resistance is now New Support @ 97. Consolidation setting up for another move to the upside is a very credible possibility.
6 Month, Daily - July 29 - Breakout with New Support setting up the market to move higher. The market condition is very Overbought and cries out for a correction but the Bulls just won't let go. Overbought markets can stay overbought and irrational for extended periods of time.