Possible breach of resistance level by Hong Kong 50 Index
Emerging Channel Up pattern in its final wave was identified on the Hong Kong 50 Index 1 hour chart. After a strong bullish run, we find Hong Kong 50 Index heading towards the upper triangle line with a possible resistance at 18029.9175. If the resistance shows to hold, the Channel Up pattern suggests a rebound […]
Will Australia 200 Index have enough momentum to break support?
Australia 200 Index is heading towards the support line of a Channel Up. If this movement continues, the price of Australia 200 Index could test 8038.0775 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 […]
Australia 200 Index was on its way up
Australia 200 Index has moved higher by 4.94% from 7618.66 to 7995.36 in the last 19 days.
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index was identified at around 17685.02 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the […]
Should we expect a bearish trend on Australia 200 Index?
Australia 200 Index has broken through a support line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 7926.2501 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]
FTSE China A50 Index running upward, don’t miss out.
FTSE China A50 Index experienced an extremely large move that lasted 4. This movement is in the 95.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement.
Australia 200 Index is moving, act now
Those of you that are trend followers are probably eagerly watching Australia 200 Index to see if its latest 5.35% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 16 days move.
Where is Australia 200 Index moving to?
Australia 200 Index has experienced an extremely big movement in last 11 days. It may continue the trend, but this would make the move unprecedented in the recent past.
Australia 200 Index experienced an exceptionally large movement
Australia 200 Index has experienced an exceptionally large movement higher by 3.58% from 7618.66 to 7891.63 in the last 11 days.
Australia 200 Index breakout through resistance
Australia 200 Index has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of Australia 200 Index testing 7907.4443 within the next 7 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the […]