A possible 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 may see the price of Hong Kong 50 Index testing 24251.4879 within the next 7 hours. But don’t be so quick to trade, it has tested this line in the past, so you should […]
Should we expect a bullish trend on Australia 200 Index?
The breakout of Australia 200 Index through the 7465.9102 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Australia 200 Index could test 7521.7490 within the next 20 hours. One should always be cautious before placing a trade, wait for confirmation of […]
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards the resistance line of a Channel Up. If this movement continues, the price of Hong Kong 50 Index could test 24551.4000 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards the resistance line of a Channel Up. If this movement continues, the price of Hong Kong 50 Index could test 24551.4000 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Big movement possible on FTSE China A50 Index
FTSE China A50 Index has broken through a line of 15362.2197 and suggests a possible movement to 15313.0098 within the next 11 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 13 hours. 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 […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 13 hours. 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 […]
Australia 200 Index – getting close to support of a Triangle
Australia 200 Index is moving towards a support 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 5 days and may test it again within the next […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 5 hours. 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 […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 5 hours. 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 […]