Will Germany 30 Index have enough momentum to break support?
Germany 30 Index is heading towards the support line of a Falling 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 doesn’t […]
Will France 40 Index have enough momentum to break resistance?
France 40 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 14 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 […]
Should we expect a breakout or a rebound on Italy 40 Index?
The movement of Italy 40 Index towards 24875.1992 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
France 40 Index – getting close to support of a Descending Triangle
France 40 Index is moving towards the support line of a Descending Triangle. Because we have seen it retrace from this line before, 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 11 days and may test it […]
EU Stocks 50 Index – psychological price line breached
EU Stocks 50 Index has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 9 days and suggests a target line to be around […]
What’s going on with Japan 225 Index?
Those of you that are trend followers are probably eagerly watching Japan 225 Index to see if its latest 2.21% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 2 days move.
Japan 225 Index approaching important 29531.0000 price line
Japan 225 Index is approaching the support line of a Support. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.
Should we expect a breakout or a rebound on Spain 35 Index?
The movement of Spain 35 Index towards the resistance line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply […]
Either a rebound or a breakout imminent on UK 100 Index
UK 100 Index is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of UK 100 Index to test 6959.1000 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
Breach of resistance line imminent by Spain 35 Index
Spain 35 Index is moving towards the resistance line of a Falling Wedge 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 Spain 35 Index continues […]