What’s going on with Japan 225 Index?
Those of you that are trend followers are probably eagerly watching Japan 225 Index to see if its latest 0.98% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 19 hours move.
Will Germany 30 Index have enough momentum to break support?
Germany 30 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 […]
A start of a bullish trend on Germany 30 Index
Germany 30 Index has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of Germany 30 Index to test 15754.7605 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm […]
Should we expect a bearish trend on Japan 225 Index?
The breakout of Japan 225 Index through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Japan 225 Index to test 28530.8718 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of the […]
Will Spain 35 Index have enough momentum to break resistance?
Spain 35 Index is heading towards the resistance line of a Falling Wedge 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 from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]
A start of a bearish trend on Germany 30 Index
Germany 30 Index has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of Germany 30 Index to test 15360.8327 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably […]
Breach of support line imminent by France 40 Index
France 40 Index is moving towards the support line of a Descending Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If France 40 Index continues […]
Breach of support line imminent by Italy 40 Index
Italy 40 Index is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Italy 40 Index continues […]
Should we expect a bullish trend on Germany 30 Index?
The breakout of Germany 30 Index through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Germany 30 Index to test 15722.6739 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the […]
What’s going on with UK 100 Index?
Those of you that are trend followers are probably eagerly watching UK 100 Index to see if its latest 0.79% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 2 days move.