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 9 days and may test it again […]
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 23 days. If it tests this line again, it should do so in the next 3 days.
FTSE China A50 Index broke through important 12518.0703 price line
FTSE China A50 Index has broken through a support line. It has touched this line numerous times in the last 14 days. This breakout shows a potential move to 12432.4814 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.
FTSE China A50 Index approaching support of a Channel Up
FTSE China A50 Index is approaching the support line of a Channel Up. It has touched this line numerous times in the last 20 days. If it tests this line again, it should do so in the next 3 days.
Australia 200 Index broke through important 7300.2402 price line
Australia 200 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 7404.6211 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.
8 consecutive 4 hour bullish candles on Hong Kong 50 Index
Hong Kong 50 Index has moved higher after 8 consecutive 4 hour candles from 18816.2000 to 19539.7000 in the last 2 days.
Hong Kong 50 Index broke through important 18831.9004 price line
Hong Kong 50 Index has broken through a resistance line. It has touched this line numerous times in the last 19 days. This breakout shows a potential move to 19271.3105 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.
Hong Kong 50 Index approaching support of a Falling Wedge
Hong Kong 50 Index is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 2 days.
Huge bearish move on Australia 200 Index
Australia 200 Index has moved lower by 3.37% from 7285.28 to 7039.56 in the last 4 days.
Hong Kong 50 Index approaching support of a Channel Up
Hong Kong 50 Index is approaching the support line of a Channel Up. 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 2 days.