Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 19 hours, but it is uncertain whether it will result in a breakout through this line, or […]
Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 19 hours, but it is uncertain whether it will result in a breakout through this line, or […]
Either a rebound or a breakout imminent on Australia 200 Index
Australia 200 Index is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of Australia 200 Index to test 7556.1400 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
Either a rebound or a breakout imminent on Australia 200 Index
Australia 200 Index is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of Australia 200 Index to test 7556.1400 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
FTSE China A50 Index – support line breached
FTSE China A50 Index has broken through the support line of a Pennant technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 8 days and suggests a target line to […]
Big movement expected on Australia 200 Index
Australia 200 Index has broken through a line of 7540.3599 and suggests a possible movement to 7587.5142 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see […]
Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards the support line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, […]
Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards the support line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, […]
A final push expected on Australia 200 Index
Australia 200 Index is heading towards a price line of 7540.3599 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 happen, we […]
Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 19 hours, but it is uncertain whether it will result in a breakout through this line, […]