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August 7, 2023Australian_Stocks_enIC Markets

Australia 200 Index approaching support of a Channel Down

Australia 200 Index is approaching the support line of a Channel Down. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days.

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August 6, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index approaching support of a Triangle

FTSE China A50 Index is approaching the support line of a Triangle. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.

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August 4, 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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August 3, 2023Australian_Stocks_enIC Markets

Hong Kong 50 Index broke through important 19656.6992 price line

Hong Kong 50 Index has broken through a resistance line. It has touched this line numerous times in the last 10 days. This breakout shows a potential move to 20047.7207 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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August 3, 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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August 2, 2023Australian_Stocks_enIC Markets

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 23 days and may test it again […]

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August 1, 2023Australian_Stocks_enIC Markets

Australia 200 Index approaching resistance of a Channel Up

Australia 200 Index is approaching the resistance line of a Channel Up. 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 3 days.

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July 31, 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 4 days and may test it again […]

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July 31, 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 14 days and may test it again within […]

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July 30, 2023Australian_Stocks_enIC Markets

Huge bullish move on Hong Kong 50 Index

Hong Kong 50 Index has moved higher by 4.04% from 19319.2 to 20100.2 in the last 2 days.

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