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September 28, 2023Australian_Stocks_enIC Markets

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 6 days. This breakout may indicate a potential move to 12341.9180 within the next 8 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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September 27, 2023Australian_Stocks_enIC Markets

Australia 200 Index approaching resistance of a Falling Wedge

Australia 200 Index is approaching the resistance line of a Falling Wedge. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 18 hours.

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September 26, 2023Australian_Stocks_enIC Markets

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 2 days. This breakout may indicate a potential move to 12398.1504 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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September 25, 2023Australian_Stocks_enIC Markets

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 14 days. If it tests this line again, it should do so in the next 3 days.

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September 25, 2023Australian_Stocks_enIC Markets

Australia 200 Index – getting close to psychological price line

Australia 200 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 4 days and may test it again within […]

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September 22, 2023Australian_Stocks_enIC Markets

Huge bullish move on Australia 200 Index

Australia 200 Index has moved higher by 1.25% from 6955.06 to 7042.06 in the last 6 hours.

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September 21, 2023Australian_Stocks_enIC Markets

Huge bearish move on Hong Kong 50 Index

Hong Kong 50 Index has moved lower by 2.28% from 18021.5 to 17609.75 in the last 15 hours.

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September 20, 2023Australian_Stocks_enIC Markets

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 […]

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September 19, 2023Australian_Stocks_enIC Markets

Australia 200 Index – getting close to psychological price line

Australia 200 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 8 days and may test it again within […]

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September 17, 2023Australian_Stocks_enIC Markets

Huge bearish move on Australia 200 Index

Australia 200 Index has moved lower by 0.97% from 7321.51 to 7250.51 in the last 18 hours.

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