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May 16, 2021Australian_Stocks_enIC Markets

A final push expected on Australia 200 Index

Australia 200 Index is heading towards a price line of 7064.6201 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 14, 2021Australian_Stocks_enIC Markets

Australia 200 Index has broken through support

Australia 200 Index has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 7002.0435 within the next 7 hours. Because we have seen it retrace from this positions in the past, one should wait for […]

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May 13, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to support of a Falling Wedge

Hong Kong 50 Index is moving towards the support line of a Falling 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 4 days and may test […]

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May 13, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to support of a Falling Wedge

Hong Kong 50 Index is moving towards the support line of a Falling 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 4 days and may test […]

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May 13, 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 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 2 days, but it is uncertain whether it will result in a breakout through this line, […]

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May 12, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index broke through important 28157.5996 price line

Hong Kong 50 Index has broken through the support line of a Support. It has touched this line numerous times in the last 34 days. This breakout shows a potential move to 27592.2402 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation […]

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May 11, 2021Australian_Stocks_enIC Markets

A final push expected on FTSE China A50 Index

FTSE China A50 Index is heading towards a price line of 17197.0508 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, […]

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May 11, 2021Australian_Stocks_enIC Markets

A final push expected on FTSE China A50 Index

FTSE China A50 Index is heading towards a price line of 17197.0508 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, […]

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May 11, 2021Australian_Stocks_enIC Markets

Where is Hong Kong 50 Index moving to?

A movement of 2.39% over 15 hours on Hong Kong 50 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.

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May 10, 2021Australian_Stocks_enIC Markets

Australia 200 Index experienced an exceptionally large movement

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.24% move on Australia 200 Index. The movement has happened over the last 3 days. For those trend followers among you, you may think about riding this trend.

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