Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards 6695.3198 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 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
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, […]
FTSE China A50 Index approaching resistance of a Channel Up
FTSE China A50 Index is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 22 hours.
Where is FTSE China A50 Index moving to?
A movement of 3.41% over 23 hours on FTSE China A50 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Hong Kong 50 Index is on its way down
Hong Kong 50 Index has experienced an exceptionally large movement lower by 5.18% from 31,063.05 to 28,646.6 in the last 20 days.
Breach of support line imminent by Hong Kong 50 Index
Hong Kong 50 Index is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Hong Kong 50 […]
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 Falling 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 17 hours, but it is uncertain whether it will result in a breakout through this line, […]
Will Australia 200 Index have enough momentum to break support?
Australia 200 Index is heading towards the support line of a Falling Wedge and could reach this point within the next 22 hours. 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 […]
Should we expect a bearish trend on Australia 200 Index?
The breakout of Australia 200 Index through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of Australia 200 Index to test 6714.8116 within the next 21 hours. One should always be cautious before placing a trade, wait for confirmation of […]
FTSE China A50 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 4.02% move on FTSE China A50 Index. The movement has happened over the last 6 days. For those trend followers among you, you may think about riding this trend.