Hong Kong 50 Index – getting close to resistance of a Channel Up
Hong Kong 50 Index 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 14 days and may test […]
Possible start of a bearish trend on FTSE China A50 Index
FTSE China A50 Index has broken through a line of 15829.3203. If this breakout holds true, we could see the price of FTSE China A50 Index heading towards 15492.8994 within the next 21 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 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 […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 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 […]
Hong Kong 50 Index – getting close to resistance of a Channel Up
Hong Kong 50 Index 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 10 days and may test […]
Either a rebound or a breakout imminent on FTSE China A50 Index
FTSE China A50 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of FTSE China A50 Index could test 16237.4300 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 […]
Either a rebound or a breakout imminent on FTSE China A50 Index
FTSE China A50 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of FTSE China A50 Index could test 16237.4300 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 […]
Big movement expected on Australia 200 Index
Australia 200 Index has broken through a line of 7319.4800 and suggests a possible movement to 7384.2222 within the next 2 days. 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 a […]
A final push expected on Hong Kong 50 Index
Hong Kong 50 Index is heading towards 24441.5000 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 happen, we could see a […]
Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or […]