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July 25, 2023Australian_Stocks_enIC Markets

Hong Kong 50 Index has broken through resistance

Hong Kong 50 Index has broken through a resistance line. It has touched this line at least twice in the last 18 days. This breakout may indicate a potential move to 19598.7910 within the next 22 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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July 24, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index broke through important 12619.0000 price line

FTSE China A50 Index has broken through a resistance line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 12766.1221 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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July 24, 2023Australian_Stocks_enIC Markets

Hong Kong 50 Index has broken through support

Hong Kong 50 Index has broken through a support line. It has touched this line at least twice in the last 21 days. This breakout may indicate a potential move to 18334.4733 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]

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July 23, 2023Australian_Stocks_enIC Markets

Australia 200 Index approaching resistance of a Flag

Australia 200 Index is approaching the resistance line of a Flag. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 21 hours.

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July 20, 2023Australian_Stocks_enIC Markets

Hong Kong 50 Index approaching resistance of a Ascending Triangle

Hong Kong 50 Index is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in the last 21 days. If it tests this line again, it should do so in the next 3 days.

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July 19, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index – getting close to psychological price line

FTSE China A50 Index is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 9 days and may test it again […]

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July 19, 2023Australian_Stocks_enIC Markets

Australia 200 Index approaching resistance of a Rising Wedge

Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 23 days. If it tests this line again, it should do so in the next 3 days.

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July 18, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index broke through important 12518.0703 price line

FTSE China A50 Index has broken through a support line. It has touched this line numerous times in the last 14 days. This breakout shows a potential move to 12432.4814 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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July 17, 2023Australian_Stocks_enIC Markets

FTSE China A50 Index approaching support of a Channel Up

FTSE China A50 Index is approaching the support line of a Channel Up. It has touched this line numerous times in the last 20 days. If it tests this line again, it should do so in the next 3 days.

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July 14, 2023Australian_Stocks_enIC Markets

Australia 200 Index broke through important 7300.2402 price line

Australia 200 Index has broken through a resistance line. It has touched this line numerous times in the last 10 days. This breakout shows a potential move to 7404.6211 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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