Japan 225 Index – resistance line breached
Japan 225 Index has broken through the resistance line of a Triângulo technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 13 days and suggests a possible target […]
France 40 Index – getting close to resistance of a Triângulo
France 40 Index is moving towards a resistance line. Because we have seen it retrace from this line before, 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 4 days and may test it again within the next […]
A final push possible on Germany 30 Index
Germany 30 Index is heading towards 14068.5000 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to […]
Germany 30 Index – getting close to resistance of a Cunha descendente
Germany 30 Index is moving towards a resistance line. Because we have seen it retrace from this line before, 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 22 hours and may test it again within the next […]
Germany 30 Index – getting close to resistance of a Canal ascendente
Germany 30 Index is moving towards a resistance line. Because we have seen it retrace from this line before, 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 2 days and may test it again within the next […]
Should we expect a breakout or a rebound on Japan 225 Index?
The movement of Japan 225 Index towards the support line of a Canal descendente is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
EU Stocks 50 Index – getting close to support of a Canal descendente
EU Stocks 50 Index is moving towards a support line. Because we have seen it retrace from this line before, 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 7 days and may test it again within the […]
What’s going on with Italy 40 Index?
Those of you that are trend followers are probably eagerly watching Italy 40 Index to see if its latest 9,16% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.
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 2,27% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 hours move.
Possible breach of resistance level by Japan 225 Index
Japan 225 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 Japan 225 Index continues in its current trajectory, […]