FTSE China A50 Index has broken through support
The last 2 1 hour candles on FTSE China A50 Index formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 12031.2210.
Possible start of a bullish trend on Australia 200 Index
Australia 200 Index has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 12 days and suggests a possible target level to be around 6896.5088 within the […]
Will FTSE China A50 Index have enough momentum to break resistance?
FTSE China A50 Index was identified at around 12071.81 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the […]
Hong Kong 50 Index – getting close to psychological price line
Hong Kong 50 Index is moving towards a support line. Because we have seen it retrace from this level in the past, 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 […]
Hong Kong 50 Index has broken through resistance
Hong Kong 50 Index has broken through a resistance line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 17680.3395 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]
Hong Kong 50 Index approaching resistance of a Triangle
Hong Kong 50 Index is approaching the resistance line of a Triangle. It has touched this line numerous times in the last 14 days. If it tests this line again, it should do so in the next 2 days.
FTSE China A50 Index – getting close to psychological price line
FTSE China A50 Index is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 […]
Hong Kong 50 Index approaching support of a Channel Down
Hong Kong 50 Index is approaching the support line of a Channel Down. It has touched this line numerous times in the last 16 days. If it tests this line again, it should do so in the next 3 days.
Hong Kong 50 Index approaching resistance of a Channel Down
Hong Kong 50 Index is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 2 days.
Australia 200 Index has broken through resistance
Australia 200 Index has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 6865.3840 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]