Italy 40 Index – getting close to psychological price line
Italy 40 Index is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 18 days and may test […]
Should we expect a breakout or a rebound on UK 100 Index?
The movement of UK 100 Index towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 6 hours, but it is uncertain whether it will result in a breakout through this line, or […]
Italy 40 Index – support line breached
Italy 40 Index has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 15 days and suggests a target line to be […]
Should we expect a breakout or a rebound on Japan 225 Index?
The movement of Japan 225 Index towards 29092.0000 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
A start of a bullish trend on UK 100 Index
UK 100 Index has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of UK 100 Index to test 6859.2949 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm […]
What’s going on with Germany 30 Index?
Those of you that are trend followers are probably eagerly watching Germany 30 Index to see if its latest 0.4% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 4 hours move.
Will Japan 225 Index have enough momentum to break support?
Japan 225 Index is heading towards the support line of a Channel Up and could reach this point within the next 2 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 doesn’t […]
Should we expect a breakout or a rebound on Italy 40 Index?
The movement of Italy 40 Index towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 21 hours, but it is uncertain whether it will result in a breakout through this line, or […]
Will Japan 225 Index have enough momentum to break resistance?
Japan 225 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 2 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 doesn’t […]
Big movement expected on France 40 Index
France 40 Index has broken through a line of 6082.1001 and suggests a possible movement to 6150.4399 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see […]