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October 14, 2024Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to resistance of a Inverse Head and Shoulders

An emerging Inverse Head and Shoulders has been detected on Hong Kong 50 Index on the 30 Minutes chart. There is a possible move towards 21750.5965 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.

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October 13, 2024Australian_Stocks_enIC Markets

Possibility of big movement expected on Australia 200 Index

Australia 200 Index moved through the resistance line of a Triangle at 8239.244374999998 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 8297.7066.

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October 11, 2024Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Hong Kong 50 Index

Hong Kong 50 Index is moving towards a resistance line. 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 3 days and may test it again within the […]

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October 10, 2024Australian_Stocks_enIC Markets

A 4 days run-downward on FTSE China A50 Index

An unexpected large move has occurred on FTSE China A50 Index Daily chart beginning at 16213.69 and ending at 13966.13. Is this a sign of something new? What can we expect in the future?

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October 9, 2024Australian_Stocks_enIC Markets

FTSE China A50 Index is on its way up

FTSE China A50 Index hits 13754.36 after a 2.61% move spanning 12 hours.

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October 8, 2024Australian_Stocks_enIC Markets

Will Australia 200 Index have enough momentum to break support?

The movement of Australia 200 Index towards the support line of a Descending Triangle is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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October 8, 2024Australian_Stocks_enIC Markets

Rare opportunity on Hong Kong 50 Index – extreme bearish movement

Hong Kong 50 Index hits 21474.81 after a 7.63% move spanning 10 hours.

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October 6, 2024Australian_Stocks_enIC Markets

Huge movement on Hong Kong 50 Index, did you miss it?

Hong Kong 50 Index hits 22049.41 after a 28.06% move spanning 24 days.

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October 4, 2024Australian_Stocks_enIC Markets

Huge movement on FTSE China A50 Index, did you miss it?

Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 2.29% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 hours move.

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October 1, 2024Australian_Stocks_enIC Markets

Will FTSE China A50 Index bounce after a massive rise?

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 2.22% move on FTSE China A50 Index. The movement has happened over the last 13 hours. For those trend followers among you, you may think about riding this possible trend.

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