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June 6, 2022Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Australia 200 Index

Australia 200 Index is heading towards the resistance line of a Triangle. If this movement continues, the price of Australia 200 Index could test 7227.3416 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in […]

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June 5, 2022Australian_Stocks_enIC Markets

Will Hong Kong 50 Index have enough momentum to break resistance?

Hong Kong 50 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 3 days. 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 […]

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June 5, 2022Australian_Stocks_enIC Markets

Will Hong Kong 50 Index have enough momentum to break resistance?

Hong Kong 50 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 3 days. 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 […]

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June 3, 2022Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Australia 200 Index

Australia 200 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of Australia 200 Index could test 7263.0002 within the next 15 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did […]

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June 2, 2022Australian_Stocks_enIC Markets

FTSE China A50 Index experienced 6 consecutive 4 hour bullish candles

Whatever your trading style, keep an eye on FTSE China A50 Index after it experienced an exceptionally large amount of consecutive bullishcandles. The movement has happened over the last 2 days.

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June 2, 2022Australian_Stocks_enIC Markets

FTSE China A50 Index experienced 6 consecutive 4 hour bullish candles

Whatever your trading style, keep an eye on FTSE China A50 Index after it experienced an exceptionally large amount of consecutive bullishcandles. The movement has happened over the last 2 days.

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June 2, 2022Australian_Stocks_enIC Markets

Should we expect a breakout or a rebound on Australia 200 Index?

The movement of Australia 200 Index towards the resistance line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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June 1, 2022Australian_Stocks_enIC Markets

What’s going on with FTSE China A50 Index?

Trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 5 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 8 day move.

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May 31, 2022Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Australia 200 Index

Australia 200 Index is heading towards a line of 7074.1099. If this movement continues, the price of Australia 200 Index could test 7074.1099 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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May 31, 2022Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Australia 200 Index

Australia 200 Index is heading towards a line of 7074.1099. If this movement continues, the price of Australia 200 Index could test 7074.1099 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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