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June 5, 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 19 days. This breakout may indicate a potential move to 7250.1307 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]

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June 2, 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 9 days and may test it again […]

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June 1, 2023Australian_Stocks_enIC Markets

Australia 200 Index approaching resistance of a Channel Down

Australia 200 Index is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 17 days. If it tests this line again, it should do so in the next 3 days.

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May 31, 2023Australian_Stocks_enIC Markets

Huge bearish move on Hong Kong 50 Index

Hong Kong 50 Index has moved lower by 2.24% from 18598.5 to 18182.7 in the last 19 hours.

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May 29, 2023Australian_Stocks_enIC Markets

Hong Kong 50 Index has broken through resistance

Hong Kong 50 Index has broken through a resistance line. It has touched this line at least twice in the last 10 days. This breakout may indicate a potential move to 19126.4062 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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May 28, 2023Australian_Stocks_enIC Markets

Huge bullish move on Australia 200 Index

Australia 200 Index has moved higher by 1.64% from 7112.78 to 7229.74 in the last 2 days.

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May 26, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index approaching support of a Falling Wedge

FTSE China A50 Index is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.

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May 25, 2023Australian_Stocks_enIC Markets

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 8 days. If it tests this line again, it should do so in the next 22 hours.

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May 24, 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 6 days. This breakout may indicate a potential move to 12941.3118 within the next 18 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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May 23, 2023Australian_Stocks_enIC Markets

Australia 200 Index broke through important 7249.9399 price line

Australia 200 Index has broken through a support line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 7211.3701 within the next 3 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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