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.
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 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 14 hours, but it is uncertain whether it will result in a breakout through this line, […]
Breach of support line imminent by FTSE China A50 Index
FTSE China A50 Index is moving towards the support line of a Falling Wedge 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 FTSE China A50 […]
FTSE China A50 Index – getting close to resistance of a Rising Wedge
FTSE China A50 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 […]
Hong Kong 50 Index – getting close to resistance of a Rising Wedge
Hong Kong 50 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 4 days and may test […]
Breach of resistance line imminent by Australia 200 Index
Australia 200 Index is moving towards the resistance line of a Channel Up 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 Australia 200 Index continues […]