Will FTSE China A50 Index have enough momentum to break support?
FTSE China A50 Index is heading towards the support line of a Channel Down 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 […]
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 7097.4400 within the next 23 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 in […]
What’s going on with Hong Kong 50 Index?
Those of you that are trend followers are probably eagerly watching Hong Kong 50 Index to see if its latest 7.41% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 6 days move.
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 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, […]
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards the resistance line of a Falling Wedge. If this movement continues, the price of Hong Kong 50 Index could test 20143.5000 within the next 7 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards the support 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 19 hours, but it is uncertain whether it will result in a breakout through this line, or simply […]
Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards the support 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 19 hours, but it is uncertain whether it will result in a breakout through this line, or simply […]
Big movement possible on FTSE China A50 Index
FTSE China A50 Index has broken through a line of 13084.8398 and suggests a possible movement to 12748.1787 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a […]
Huge bearish move on Hong Kong 50 Index
Hong Kong 50 Index has moved lower by 4.47% from 21,092.3 to 20,162.9 in the last 15 hours.