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 1.2% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 7 hours move.
Either a rebound or a breakout imminent on FTSE China A50 Index
FTSE China A50 Index is heading towards the support line of a Falling Wedge. If this movement continues, the price of FTSE China A50 Index could test 13331.4600 within the next 17 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards the resistance line of a Falling Wedge. If this movement continues, the price of Hong Kong 50 Index could test 21527.5000 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 […]
Will FTSE China A50 Index have enough momentum to break resistance?
FTSE China A50 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 3 days. 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 […]
Will FTSE China A50 Index have enough momentum to break resistance?
FTSE China A50 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 3 days. 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 […]
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 1.23% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 6 days move.
Big movement possible on FTSE China A50 Index
FTSE China A50 Index has broken through a line of 13904.8896 and suggests a possible movement to 13553.3467 within the next 22 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see […]
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards the support line of a Falling Wedge. If this movement continues, the price of Hong Kong 50 Index could test 20958.8000 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 […]
Australia 200 Index broke through important 7508.3398 price line
Australia 200 Index has broken through a resistance line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 7547.4468 within the next 15 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of 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 21633.4051 may materialize within the next 13 […]