Possible breach of support level by Hong Kong 50 Index
Hong Kong 50 Index is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Hong Kong 50 Index continues in its […]
FTSE China A50 Index broke through important 13249.3701 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 13317.5557 within the next 10 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Australia 200 Index experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.98% move on Australia 200 Index. The movement has happened over the last 22 hours. For those trend followers among you, you may think about riding this possible trend.
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.
Possible breach of support level by Australia 200 Index
Australia 200 Index is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Australia 200 Index continues in its current trajectory, […]
Possible start of a bearish trend on Hong Kong 50 Index
Hong Kong 50 Index has broken through a line of 19464.1992. If this breakout holds true, we could see the price of Hong Kong 50 Index heading towards 18969.6797 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably […]
Will Australia 200 Index have enough momentum to break resistance?
Australia 200 Index is heading towards the resistance line of a Triangle and could reach this point within the next 15 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, […]
Possible breach of support level by Hong Kong 50 Index
Hong Kong 50 Index is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Hong Kong 50 Index continues in its […]
Possible start of a bearish trend on FTSE China A50 Index
FTSE China A50 Index has broken through a line of 13311.5098. If this breakout holds true, we could see the price of FTSE China A50 Index heading towards 13193.0986 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably […]
Hong Kong 50 Index broke through important 19570.3008 price line
Hong Kong 50 Index has broken through a support line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 19018.4805 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.