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March 28, 2021Australian_Stocks_enIC Markets

Will Australia 200 Index have enough momentum to break resistance?

Australia 200 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 10 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 doesn’t […]

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March 28, 2021Australian_Stocks_enIC Markets

Will Australia 200 Index have enough momentum to break resistance?

Australia 200 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 10 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 doesn’t […]

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March 26, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to psychological price line

Hong Kong 50 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 12 days and may […]

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March 25, 2021Australian_Stocks_enIC Markets

Should we expect a breakout or a rebound on Australia 200 Index?

The movement of Australia 200 Index towards 6863.3599 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 […]

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March 25, 2021Australian_Stocks_enIC Markets

Should we expect a breakout or a rebound on Australia 200 Index?

The movement of Australia 200 Index towards 6863.3599 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 […]

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March 24, 2021Australian_Stocks_enIC Markets

Will Australia 200 Index have enough momentum to break support?

Australia 200 Index is heading towards the support line of a Triangle and could reach this point within the next 3 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, […]

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March 24, 2021Australian_Stocks_enIC Markets

Will Australia 200 Index have enough momentum to break support?

Australia 200 Index is heading towards the support line of a Triangle and could reach this point within the next 3 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, […]

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March 23, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – getting close to psychological price line

Hong Kong 50 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 46 days and may […]

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March 21, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – resistance line breached

Hong Kong 50 Index has broken through the resistance 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 24 days and suggests a target line to […]

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March 18, 2021Australian_Stocks_enIC Markets

Hong Kong 50 Index – resistance line breached

Hong Kong 50 Index has broken through the resistance 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 16 days and suggests a target line to […]

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