Will Hong Kong 50 Index have enough momentum to break support?
Hong Kong 50 Index is heading towards the support line of a Falling Wedge and could reach this point within the next 10 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 […]
Big movement possible on Australia 200 Index
Australia 200 Index has broken through a line of 7441.5200 and suggests a possible movement to 7528.2402 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a […]
Will Hong Kong 50 Index have enough momentum to break support?
Hong Kong 50 Index is heading towards the support line of a Falling Wedge 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 […]
Will Hong Kong 50 Index have enough momentum to break support?
Hong Kong 50 Index is heading towards the support line of a Falling Wedge 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 […]
FTSE China A50 Index – getting close to resistance of a Channel Down
FTSE China A50 Index is moving towards a resistance line. 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 10 days and may test it again within the […]
Big movement possible on Australia 200 Index
Australia 200 Index has broken through a line of 7401.1299 and suggests a possible movement to 7474.5601 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a […]
A final push possible on Hong Kong 50 Index
Hong Kong 50 Index is heading towards 24873.9004 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down […]
Where is Hong Kong 50 Index moving to?
A movement of 1.75% over 4 days on Hong Kong 50 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
What’s going on with Australia 200 Index?
Those of you that are trend followers are probably eagerly watching Australia 200 Index to see if its latest 0.96% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 hours move.
What’s going on with Australia 200 Index?
Those of you that are trend followers are probably eagerly watching Australia 200 Index to see if its latest 0.96% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 hours move.