US Small Cap 2000 Index approaching support of a Falling Wedge
US Small Cap 2000 Index is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 12 hours.
A possible start of a bullish trend on US SPX 500 Index
US SPX 500 Index has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of US SPX 500 Index testing 4378.2253 within the next 13 hours. But don’t be so quick to trade, it has tested this line in the past, so you should […]
US Tech 100 Index – getting close to resistance of a Channel Down
US Tech 100 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 12 days and may test it again within the […]
Will Amazon.Com Inc. have enough momentum to break support?
Amazon.Com Inc. is heading towards the support line of a Channel Down and could reach this point within the next 5 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 happen, […]
US SPX 500 Index – getting close to support of a Falling Wedge
US SPX 500 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 13 days and may test it again within the […]
Either a rebound or a breakout imminent on Netflix Inc.
Netflix Inc. is heading towards a line of 417.3000. If this movement continues, the price of Netflix Inc. could test 417.3000 within the next 21 hours. 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 and end up rebounding.
Possible breach of resistance level by US Small Cap 2000 Index
US Small Cap 2000 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 US Small Cap 2000 Index continues […]
Will US Tech 100 Index have enough momentum to break support?
US Tech 100 Index is heading towards the support line of a Falling Wedge and could reach this point within the next 12 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 […]
Possible breach of support level by US Small Cap 2000 Index
US Small Cap 2000 Index is moving towards a support 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 US Small Cap 2000 Index continues […]
US Wall Street 30 Index – getting close to resistance of a Triangle
US Wall Street 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 […]