Australia 200 Index approaches important level of 7065.5498
Australia 200 Index is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 13 days and may test it again within […]
Important price line breached by Hong Kong 50 Index
The breakout of Hong Kong 50 Index through the 17566.2500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Hong Kong 50 Index could test 17127.4746 within the next 3 days. One should always be cautious before placing a trade, wait for […]
FTSE China A50 Index approaching important bearish key level
FTSE China A50 Index is moving towards a key support level at 11845.6104. This is a previously tested level for FTSE China A50 Index. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Hong Kong 50 Index approaches important level of 17566.2500
Hong Kong 50 Index is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 17566.2500, unless it runs out of momentum and pulls back to current levels.
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is moving towards a resistance line 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 Hong Kong 50 Index continues in its […]
Should we expect a bullish trend on Australia 200 Index?
Pennant pattern identified on Australia 200 Index has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 7110.3585 in the next 14.
Hong Kong 50 Index approaching resistance of a Channel Up
An emerging Channel Up has been detected on Hong Kong 50 Index on the 1 hour chart. There is a possible move towards 18680.2757 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
FTSE China A50 Index – getting close to resistance of a Channel Down
Emerging Channel Down detected on FTSE China A50 Index – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 12011.61 and it is expected to move to 12150.4675.
A day run-downward on Hong Kong 50 Index
Hong Kong 50 Index hits 17585.5 after a 3.94% move spanning 2 days.
Did you miss this move on Australia 200 Index?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 5.03% move on Australia 200 Index. The movement has happened over the last 20 days. For those trend followers among you, you may think about riding this possible trend.