US Small Cap 2000 Index – getting close to support of a Rising Wedge
US Small Cap 2000 Index is moving towards the support line of a Rising Wedge. Because we have seen it retrace from this line before, 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 19 hours and may […]
US Small Cap 2000 Index – getting close to resistance of a Channel Down
US Small Cap 2000 Index is moving towards the resistance line of a Channel Down. Because we have seen it retrace from this line before, 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 5 days and may […]
FACEBOOK is on its way down
FACEBOOK has experienced an exceptionally large movement lower by 13.62% from 379.59 to 330 in the last 39 days.
Netflix Inc. – getting close to resistance of a Channel Up
Netflix Inc. is moving towards the resistance line of a Channel Up. Because we have seen it retrace from this line before, 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 3 days and may test it again […]
US Wall Street 30 Index – psychological price line breached
US Wall Street 30 Index has broken through the resistance line of a Resistance. 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 numerous times in the last 15 days and suggests a target line to be […]
Resistance line breached by US Tech 100 Index
US Tech 100 Index has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 14998.6991 can be expected within the next […]
Breach of support line imminent by Coca-Cola Co.
Coca-Cola Co. is moving towards the support line of a Falling Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Coca-Cola Co. continues in its […]
Should we expect a breakout or a rebound on US Wall Street 30 Index?
The movement of US Wall Street 30 Index towards the resistance line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 14 hours, but it is uncertain whether it will result in a breakout through this line, […]
US SPX 500 Index is on its way down
US SPX 500 Index has experienced an exceptionally large movement lower by 2.97% from 4,457.9 to 4,308.3 in the last 5 days.
Should we expect a breakout or a rebound on US Small Cap 2000 Index?
The movement of US Small Cap 2000 Index towards 2234.3999 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 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]