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February 15, 2022Australian_Stocks_enIC Markets

Will FTSE China A50 Index have enough momentum to break resistance?

FTSE China A50 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 5 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 […]

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February 15, 2022Australian_Stocks_enIC Markets

Will FTSE China A50 Index have enough momentum to break resistance?

FTSE China A50 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 5 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 […]

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February 15, 2022Australian_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 19 days. This breakout may indicate a potential move to 7060.2276 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]

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February 14, 2022Australian_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 4 days. If it tests this line again, it should do so in the next 6 hours.

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February 14, 2022Australian_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 4 days. If it tests this line again, it should do so in the next 6 hours.

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February 14, 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 Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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February 13, 2022Australian_Stocks_enIC Markets

Breach of important price line imminent by Hong Kong 50 Index

Hong Kong 50 Index is moving towards a line of 25112.9004 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Hong Kong 50 Index […]

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February 13, 2022Australian_Stocks_enIC Markets

Breach of important price line imminent by Hong Kong 50 Index

Hong Kong 50 Index is moving towards a line of 25112.9004 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Hong Kong 50 Index […]

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February 11, 2022Australian_Stocks_enIC Markets

Hong Kong 50 Index approaching important 24728.5996 price line

Hong Kong 50 Index is approaching the support line of a Support. It has touched this line numerous times in the last 2 days. If it tests this line again, it could do so in the next 6 hours.

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February 10, 2022Australian_Stocks_enIC Markets

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

The movement of Australia 200 Index towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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