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 4 days. If it tests this line again, it should do so in the next 6 hours.
Hong Kong 50 Index experienced 7 consecutive 4 hour bearish candles
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptionally large amount of consecutive bearish candles on Hong Kong 50 Index. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
A final push possible on FTSE China A50 Index
FTSE China A50 Index is heading towards 12952.9902 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down […]
Hong Kong 50 Index approaching support of a Descending Triangle
Hong Kong 50 Index is approaching the support line of a Descending Triangle. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 6 hours.
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.
Australia 200 Index – getting close to psychological price line
Australia 200 Index is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 18 days and may test it again within […]
Huge bullish move on Hong Kong 50 Index
Hong Kong 50 Index has moved higher by 1.44% from 16990.7 to 17301.7 in the last 14 hours.
Will Australia 200 Index have enough momentum to break support?
Australia 200 Index is heading towards the support line of a Channel Down 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 […]
Hong Kong 50 Index approaching support of a Channel Down
Hong Kong 50 Index is approaching the support line of a Channel Down. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 18 hours.
FTSE China A50 Index – getting close to resistance of a Triangle
FTSE China A50 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 11 days and may test it again within the […]