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February 22, 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 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, […]

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February 21, 2021Australian_Stocks_enIC Markets

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 […]

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February 16, 2021Australian_Stocks_enIC Markets

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 […]

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February 14, 2021Australian_Stocks_enIC Markets

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 […]

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February 11, 2021Australian_Stocks_enIC Markets

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 […]

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February 10, 2021Australian_Stocks_enIC Markets

Australia 200 Index – getting close to support of a Triangle

Australia 200 Index is moving towards the support line of a Triangle. 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 7 days and may test it again […]

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February 8, 2021Australian_Stocks_enIC Markets

FTSE China A50 Index – getting close to psychological price line

FTSE China A50 Index is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 4 days and may […]

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February 7, 2021Australian_Stocks_enIC Markets

Will Hong Kong 50 Index have enough momentum to break resistance?

Hong Kong 50 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 7 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 […]

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February 4, 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 11 days and may test it […]

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February 3, 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 7 days and may test it […]

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