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April 26, 2021Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Hong Kong 50 Index

Hong Kong 50 Index is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of Hong Kong 50 Index to test 29336.8000 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could […]

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April 25, 2021Australian_Stocks_enIC Markets

What’s going on with FTSE China A50 Index?

Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 2.31% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 2 days move.

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April 25, 2021Australian_Stocks_enIC Markets

What’s going on with FTSE China A50 Index?

Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 2.31% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 2 days move.

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April 23, 2021Australian_Stocks_enIC Markets

Huge bullish move on FTSE China A50 Index

FTSE China A50 Index has moved higher by 1.56% from 17,089.09 to 17,373.31 in the last 10 hours.

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April 22, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to resistance of a Channel Up

Hong Kong 50 Index is moving towards the resistance 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 16 days and may test […]

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April 22, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to resistance of a Channel Up

Hong Kong 50 Index is moving towards the resistance 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 16 days and may test […]

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April 21, 2021Australian_Stocks_enIC Markets

Big movement expected on Hong Kong 50 Index

Hong Kong 50 Index has broken through a support line of a Rising Wedge and suggests a possible movement to 28298.5391 within the next 3 days. It has tested this line 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 […]

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April 21, 2021Australian_Stocks_enIC Markets

Big movement expected on Hong Kong 50 Index

Hong Kong 50 Index has broken through a support line of a Rising Wedge and suggests a possible movement to 28298.5391 within the next 3 days. It has tested this line 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 […]

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April 21, 2021Australian_Stocks_enIC Markets

Australia 200 Index approaching important 7080.6802 price line

Australia 200 Index is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 17 hours.

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April 20, 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 19 days. This breakout indicates a potential move to 6961.5232 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for […]

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