Should we expect a bullish trend on FTSE China A50 Index?
The breakout of FTSE China A50 Index through the 15548.2803 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of FTSE China A50 Index to test 15878.2070 within the next 2 days. One should always be cautious before […]
A start of a bullish trend on Hong Kong 50 Index
Hong Kong 50 Index has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of Hong Kong 50 Index to test 25471.5377 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you […]
A start of a bullish trend on Hong Kong 50 Index
Hong Kong 50 Index has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of Hong Kong 50 Index to test 25471.5377 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you […]
Either a rebound or a breakout imminent on FTSE China A50 Index
FTSE China A50 Index is heading towards a line of 15548.2803. If this movement continues, we expect the price of FTSE China A50 Index to test 15548.2803 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived […]
Will Australia 200 Index have enough momentum to break support?
Australia 200 Index is heading towards the support line of a Descending Triangle and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]
FTSE China A50 Index – getting close to support of a Channel Down
FTSE China A50 Index is moving towards the support line of a Channel Down. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test […]
FTSE China A50 Index – getting close to support of a Channel Down
FTSE China A50 Index is moving towards the support line of a Channel Down. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test […]
Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards 7355.6802 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
A start of a bearish trend on Hong Kong 50 Index
Hong Kong 50 Index has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of Hong Kong 50 Index to test 23641.3036 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should […]
Australia 200 Index approaching support of a Channel Down
Australia 200 Index is approaching the support line of a Channel Down. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 15 hours.