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June 28, 2023Australian_Stocks_enIC Markets

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 2 days. This breakout may indicate a potential move to 7210.8178 within the next 5 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]

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June 27, 2023Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to psychological price line

Hong Kong 50 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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June 27, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index broke through important 12462.9697 price line

FTSE China A50 Index has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 12523.9404 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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June 22, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index has broken through resistance

FTSE China A50 Index has broken through a resistance line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 12655.0941 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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June 21, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index approaching resistance of a Channel Down

FTSE China A50 Index is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 17 hours.

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June 20, 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 28 days and may test it again […]

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June 19, 2023Australian_Stocks_enIC Markets

Australia 200 Index has broken through support

Australia 200 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 7285.8728 within the next 14 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]

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June 19, 2023Australian_Stocks_enIC Markets

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 28 days. This breakout may indicate a potential move to 19360.7887 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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June 18, 2023Australian_Stocks_enIC Markets

Australia 200 Index approaching support of a Channel Up

Australia 200 Index is approaching the support line of a Channel Up. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.

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June 15, 2023Australian_Stocks_enIC Markets

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 3 days. If it tests this line again, it should do so in the next 12 hours.

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