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October 18, 2024Australian_Stocks_enIC Markets

Huge movement on Australia 200 Index, did you miss it?

Australia 200 Index dropped sharply for 16 hours – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in Australia 200 Index there is a chance that we will witness a correction, no matter how brief.

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October 17, 2024Australian_Stocks_enIC Markets

A possible start of a bearish trend on Hong Kong 50 Index

Hong Kong 50 Index has broken through a support line of a Descending Triangle and suggests a possible movement to 19237.2897 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could […]

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October 16, 2024Australian_Stocks_enIC Markets

Australia 200 Index – getting close to resistance of a Channel Up

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 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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October 15, 2024Australian_Stocks_enIC Markets

FTSE China A50 Index trade outlook at 2024-10-15T07:00:00.000Z until 2024-10-15T07:00:00.000Z

FTSE China A50 Index moved through the support line of a Pennant at 13510.96 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 13147.5509.

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October 15, 2024Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to psychological price line

The movement of Hong Kong 50 Index towards 20174.9199 price line is yet another test of the line it reached numerous times in the past. We could expect this 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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October 14, 2024Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to resistance of a Inverse Head and Shoulders

An emerging Inverse Head and Shoulders has been detected on Hong Kong 50 Index on the 30 Minutes chart. There is a possible move towards 21750.5965 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.

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October 13, 2024Australian_Stocks_enIC Markets

Possibility of big movement expected on Australia 200 Index

Australia 200 Index moved through the resistance line of a Triangle at 8239.244374999998 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 8297.7066.

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October 11, 2024Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Hong Kong 50 Index

Hong Kong 50 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 3 days and may test it again within the […]

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October 10, 2024Australian_Stocks_enIC Markets

A 4 days run-downward on FTSE China A50 Index

An unexpected large move has occurred on FTSE China A50 Index Daily chart beginning at 16213.69 and ending at 13966.13. Is this a sign of something new? What can we expect in the future?

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October 9, 2024Australian_Stocks_enIC Markets

FTSE China A50 Index is on its way up

FTSE China A50 Index hits 13754.36 after a 2.61% move spanning 12 hours.

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