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April 19, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index broke through important 29000.4004 price line

Hong Kong 50 Index has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 28 days. This breakout shows a potential move to 29526.5508 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation […]

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April 18, 2021Australian_Stocks_enIC Markets

Where is Australia 200 Index moving to?

A movement of 4.87% over 38 days on Australia 200 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.

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April 18, 2021Australian_Stocks_enIC Markets

Where is Australia 200 Index moving to?

A movement of 4.87% over 38 days on Australia 200 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.

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April 15, 2021Australian_Stocks_enIC Markets

What’s going on with FTSE China A50 Index?

Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 1.85% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 16 hours move.

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April 15, 2021Australian_Stocks_enIC Markets

What’s going on with FTSE China A50 Index?

Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 1.85% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 16 hours move.

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April 14, 2021Australian_Stocks_enIC Markets

Will Hong Kong 50 Index have enough momentum to break resistance?

Hong Kong 50 Index is heading towards the resistance line of a Triangle 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 […]

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April 13, 2021Australian_Stocks_enIC Markets

Will Australia 200 Index have enough momentum to break resistance?

Australia 200 Index is heading towards the resistance line of a Channel Up 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 […]

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April 13, 2021Australian_Stocks_enIC Markets

Will Australia 200 Index have enough momentum to break resistance?

Australia 200 Index is heading towards the resistance line of a Channel Up 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 […]

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April 13, 2021Australian_Stocks_enIC Markets

Should we expect a breakout or a rebound on Hong Kong 50 Index?

The movement of Hong Kong 50 Index towards 28133.5996 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 […]

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April 12, 2021Australian_Stocks_enIC Markets

Should we expect a breakout or a rebound on Hong Kong 50 Index?

The movement of Hong Kong 50 Index towards 28133.5996 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 23 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]

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