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May 9, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to support of a Triangle

Hong Kong 50 Index is moving towards the support line of a 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 2 days and may test it […]

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May 9, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to support of a Triangle

Hong Kong 50 Index is moving towards the support line of a 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 2 days and may test it […]

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May 7, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index approaching important 28504.5000 price line

Hong Kong 50 Index is approaching the support line of a Support. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 10 hours.

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May 6, 2021Australian_Stocks_enIC Markets

Australia 200 Index has broken through resistance

Australia 200 Index has broken through the resistance line of a Ascending Triangle. It has touched this line at least twice in the last 19 days. This breakout indicates a potential move to 7143.5154 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for […]

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May 5, 2021Australian_Stocks_enIC Markets

FTSE China A50 Index – psychological price line breached

FTSE China A50 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 8 days and suggests a target line to be around […]

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May 4, 2021Australian_Stocks_enIC Markets

Australia 200 Index – getting close to support of a Descending Triangle

Australia 200 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 8 days and may test it […]

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May 4, 2021Australian_Stocks_enIC Markets

Australia 200 Index – getting close to support of a Descending Triangle

Australia 200 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 8 days and may test it […]

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May 3, 2021Australian_Stocks_enIC Markets

Huge bearish move on FTSE China A50 Index

FTSE China A50 Index has moved lower by 2.31% from 17,449.41 to 17,022.45 in the last 4 days.

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May 2, 2021Australian_Stocks_enIC Markets

Big movement expected on Hong Kong 50 Index

Hong Kong 50 Index has broken through a support line of a Rising Wedge and suggests a possible movement to 28414.1034 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we […]

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May 2, 2021Australian_Stocks_enIC Markets

Big movement expected on Hong Kong 50 Index

Hong Kong 50 Index has broken through a support line of a Rising Wedge and suggests a possible movement to 28414.1034 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we […]

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