Will Italy 40 Index have enough momentum to break support?
Italy 40 Index is heading towards the support line of a Falling Wedge and could reach this point within the next 23 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 […]
What’s going on with Japan 225 Index?
Those of you that are trend followers are probably eagerly watching Japan 225 Index to see if its latest 2.55% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 14 hours move.
Huge bullish move on UK 100 Index
UK 100 Index has moved higher by 1.76% from 7,042.6 to 7,162.1 in the last 4 days.
Should we expect a bullish trend on France 40 Index?
The breakout of France 40 Index through the 6353.2002 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of France 40 Index to test 6396.1499 within the next 15 hours. One should always be cautious before placing a […]
Spain 35 Index has broken through support
Spain 35 Index has broken through the support line of a Channel Up. It has touched this line at least twice in the last 14 days. This breakout indicates a potential move to 8678.1210 within the next 19 hours. Because we have seen it retrace from this positions in the past, one should wait for […]
Where is EU Stocks 50 Index moving to?
A movement of 0.81% over 11 hours on EU Stocks 50 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Should we expect a breakout or a rebound on Italy 40 Index?
The movement of Italy 40 Index towards 24574.4004 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 […]
Either a rebound or a breakout imminent on Japan 225 Index
Japan 225 Index is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of Japan 225 Index to test 29191.0000 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 […]
Will Germany 30 Index have enough momentum to break support?
Germany 30 Index is heading towards the support line of a Falling Wedge and could reach this point within the next 16 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 […]
Breach of support line imminent by UK 100 Index
UK 100 Index is moving towards the support line of a Rising Wedge 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 UK 100 Index continues […]