What’s going on with Australia 200 Index?
Those of you that are trend followers are probably eagerly watching Australia 200 Index to see if its latest 0.61% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 12 hours move.
Will Hong Kong 50 Index have enough momentum to break support?
Hong Kong 50 Index is heading towards the support line of a Rising Wedge and could reach this point within the next 14 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 […]
Possibility of big movement expected on Hong Kong 50 Index
Hong Kong 50 Index has broken through a resistance line of a Falling Wedge and suggests a possible movement to 20454.8723 within the next 6 hours. 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 […]
Either a rebound or a breakout imminent on Australia 200 Index
Australia 200 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of Australia 200 Index could test 7055.8567 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did […]
Hong Kong 50 Index approaching resistance of a Channel Up
Hong Kong 50 Index is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 14 days. If it tests this line again, it should do so in the next 2 days.
Australia 200 Index broke through important 6999.4199 price line
Australia 200 Index has broken through a resistance line. It has touched this line numerous times in the last 12 days. This breakout shows a potential move to 7100.3789 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.
FTSE China A50 Index broke through important 13025.6104 price line
FTSE China A50 Index has broken through a support line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 12833.9385 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.
Australia 200 Index approaching resistance of a Channel Up
Australia 200 Index is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 8 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 […]
Resistance line breached by Hong Kong 50 Index
Hong Kong 50 Index has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 19927.0543 may materialize within the next 15 […]