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May 31, 2021Australian_Stocks_enIC Markets

A final push expected on Australia 200 Index

Australia 200 Index is heading towards a price line of 7062.6201 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 […]

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May 31, 2021Australian_Stocks_enIC Markets

FTSE China A50 Index has broken through support

FTSE China A50 Index has broken through the support line of a Head and Shoulders. It has touched this line at least twice in the last 6 days. This breakout indicates a potential move to 17982.5784 within the next 18 hours. Because we have seen it retrace from this positions in the past, one should […]

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May 30, 2021Australian_Stocks_enIC Markets

Australia 200 Index – getting close to support of a Channel Up

Australia 200 Index is moving towards the support line of a Channel Up. 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 8 days and may test it […]

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May 30, 2021Australian_Stocks_enIC Markets

Australia 200 Index – getting close to support of a Channel Up

Australia 200 Index is moving towards the support line of a Channel Up. 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 8 days and may test it […]

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May 28, 2021Australian_Stocks_enIC Markets

Should we expect a bearish trend on FTSE China A50 Index?

The breakout of FTSE China A50 Index through the 18234.4102 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of FTSE China A50 Index to test 18101.0781 within the next 10 hours. One should always be cautious before […]

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May 27, 2021Australian_Stocks_enIC Markets

A final push expected on Australia 200 Index

Australia 200 Index is heading towards a price line of 7153.8599 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 happen, we […]

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May 27, 2021Australian_Stocks_enIC Markets

A final push expected on Australia 200 Index

Australia 200 Index is heading towards a price line of 7153.8599 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 happen, we […]

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May 27, 2021Australian_Stocks_enIC Markets

Should we expect a breakout or a rebound on FTSE China A50 Index?

The movement of FTSE China A50 Index towards 18404.3008 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]

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May 26, 2021Australian_Stocks_enIC Markets

Australia 200 Index – getting close to resistance of a Rising Wedge

Australia 200 Index is moving towards the resistance line of a Rising Wedge. 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 8 days and may test it […]

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May 26, 2021Australian_Stocks_enIC Markets

Australia 200 Index – getting close to resistance of a Rising Wedge

Australia 200 Index is moving towards the resistance line of a Rising Wedge. 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 8 days and may test it […]

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