Hong Kong 50 Index – getting close to psychological price line
Hong Kong 50 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 3 days and may test it again […]
FTSE China A50 Index broke through important 12972.6602 price line
FTSE China A50 Index has broken through a resistance line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 13031.1943 within the next 10 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
5 consecutive daily bearish candles on Hong Kong 50 Index
Hong Kong 50 Index has moved lower after 5 consecutive daily candles from 20628.6000 to 19823.5000 in the last 8 days.
5 consecutive daily bearish candles on Australia 200 Index
Australia 200 Index has moved lower after 5 consecutive daily candles from 7393.4000 to 7327.5600 in the last 6 days.
4 consecutive daily bearish candles on Hong Kong 50 Index
Hong Kong 50 Index has moved lower after 4 consecutive daily candles from 20628.6000 to 19999.8000 in the last 5 days.
FTSE China A50 Index approaching support of a Channel Down
FTSE China A50 Index is approaching the support line of a Channel Down. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 13 hours.
Hong Kong 50 Index – getting close to psychological price line
Hong Kong 50 Index is moving towards a support 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 15 days and may test it again […]
Australia 200 Index has broken through resistance
Australia 200 Index has broken through a resistance line. It has touched this line at least twice in the last 7 days. This breakout may indicate a potential move to 7377.5966 within the next 19 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]
FTSE China A50 Index broke through important 13268.2500 price line
FTSE China A50 Index has broken through a resistance line. It has touched this line numerous times in the last 14 days. This breakout shows a potential move to 13394.1309 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Hong Kong 50 Index broke through important 20268.5996 price line
Hong Kong 50 Index has broken through a support line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 20049.1191 within the next 18 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.