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 […]
Huge bearish move on Hong Kong 50 Index
Hong Kong 50 Index has moved lower by 1.96% from 17355.5 to 17015.5 in the last 2 days.
5 consecutive daily bearish candles on FTSE China A50 Index
FTSE China A50 Index has moved lower after 5 consecutive daily candles from 12422.0600 to 12031.0000 in the last 8 days.
Hong Kong 50 Index has broken through support
Hong Kong 50 Index has broken through a support line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 17473.9014 within the next 8 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]
FTSE China A50 Index has broken through support
FTSE China A50 Index has broken through a support line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 12089.5355 within the next 7 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 22 days. If it tests this line again, it should do so in the next 3 days.