Will FTSE China A50 Index have enough momentum to break resistance?
An emerging Flag has been detected on FTSE China A50 Index on the 4 hour chart. There is a possible move towards 11103.4236 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
Continuation pattern on Hong Kong 50 Index
Hong Kong 50 Index has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of Hong Kong 50 Index testing 16086.5284 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should […]
Breach of important price line imminent by FTSE China A50 Index
FTSE China A50 Index is moving towards a key support level at 11098.2803. This is a previously tested level for FTSE China A50 Index. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Either a rebound or a breakout imminent on Australia 200 Index
Australia 200 Index is heading towards the support line of a Channel Up and could reach this point within the next 6 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 […]
FTSE China A50 Index – getting close to support of a Channel Down
FTSE China A50 Index is heading towards the support line of a Channel Down. If this movement continues, the price of FTSE China A50 Index could test 11074.1400 within the next 11 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Hong Kong 50 Index approaching important level of 17102.5000
Hong Kong 50 Index is about to retest a key horizontal resistance level near 17102.5000. It has tested this level 6 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Will Australia 200 Index bounce after a massive rise?
Australia 200 Index has experienced an exceptionally large movement higher by 8.03% from 7034.85 to 7599.97 in the last 33 days.
A possible start of a bearish trend on Hong Kong 50 Index
The breakout of Hong Kong 50 Index through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of Hong Kong 50 Index testing 16031.7959 within the next 2 days.
Huge bullish move on Australia 200 Index
Australia 200 Index has experienced an exceptionally large movement higher by 6.74% from 7034.85 to 7509.27 in the last 26 days.
Did you miss this move on Australia 200 Index?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 6.66% move on Australia 200 Index. The movement has happened over the last 24 days. For those trend followers among you, you may think about riding this possible trend.