US Small Cap 2000 Index – getting close to psychological price line
US Small Cap 2000 Index is moving towards the resistance line of a Resistance. 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 6 days and […]
Biogen Idec Inc – getting close to psychological price line
Biogen Idec Inc is moving towards the resistance line of a Resistance. 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 17 days and may test […]
Breach of support line imminent by Apple Inc.
Apple Inc. is moving towards the support line of a Triangle 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 Apple Inc. continues in its current […]
Should we expect a bullish trend on US Tech 100 Index?
The breakout of US Tech 100 Index through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of US Tech 100 Index to test 13682.5393 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation […]
US Small Cap 2000 Index approaching resistance of a Rising Wedge
US Small Cap 2000 Index is approaching the resistance line of a Rising Wedge. 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 3 days.
Microsoft Corporation approaching support of a Triangle
Microsoft Corporation is approaching the support line of a Triangle. It has touched this line numerous times in the last 16 days. If it tests this line again, it should do so in the next 3 days.
Either a rebound or a breakout imminent on US SPX 500 Index
US SPX 500 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of US SPX 500 Index to test 4220.1000 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement […]
Will US Tech 100 Index have enough momentum to break resistance?
US Tech 100 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 22 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 US SPX 500 Index
US SPX 500 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 4228.2490 can be expected within the next […]
Will US Small Cap 2000 Index have enough momentum to break resistance?
US Small Cap 2000 Index is heading towards the resistance line of a Triangle 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 […]