FTSE China A50 Index broke through important 15729.0801 price line
FTSE China A50 Index has broken through a resistance line. It has touched this line numerous times in the last 20 days. This breakout shows a potential move to 15934.9531 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
FTSE China A50 Index broke through important 15729.0801 price line
FTSE China A50 Index has broken through a resistance line. It has touched this line numerous times in the last 20 days. This breakout shows a potential move to 15934.9531 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
A final push possible on Australia 200 Index
Australia 200 Index is heading towards 7375.3301 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to […]
Either a rebound or a breakout imminent on FTSE China A50 Index
FTSE China A50 Index is heading towards a line of 15577.5000. If this movement continues, the price of FTSE China A50 Index could test 15577.5000 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 and end […]
Australia 200 Index – getting close to psychological price line
Australia 200 Index is moving towards a support 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 4 days and may test it again within […]
Possible start of a bullish trend on FTSE China A50 Index
FTSE China A50 Index has broken through a line of 15650.6396. If this breakout holds true, we could see the price of FTSE China A50 Index heading towards 15906.5029 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably […]
Australia 200 Index – support line breached
Australia 200 Index has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 9 days and suggests a possible target […]
Australia 200 Index – support line breached
Australia 200 Index has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 9 days and suggests a possible target […]
Hong Kong 50 Index – getting close to resistance of a Channel Down
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 […]
Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]