A start of a bearish trend on Hong Kong 50 Index
Hong Kong 50 Index has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of Hong Kong 50 Index to test 25643.0477 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you […]
Breach of resistance line imminent by FTSE China A50 Index
FTSE China A50 Index is moving towards the resistance line of a Channel Up 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 FTSE China A50 […]
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 5.15% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 25 days move.
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 5.15% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 25 days move.
Either a rebound or a breakout imminent on FTSE China A50 Index
FTSE China A50 Index is heading towards a line of 15333.2803. If this movement continues, we expect the price of FTSE China A50 Index to test 15333.2803 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived […]
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 19 hours.
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 19 hours.
Big movement expected on Hong Kong 50 Index
Hong Kong 50 Index has broken through a line of 26542.0000 and suggests a possible movement to 26802.0996 within the next 11 hours. 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 […]
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 18 hours.
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 18 hours.