Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards the support line of a Falling Wedge 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 […]
Australia 200 Index approaching resistance of a Channel Down
Australia 200 Index is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
Australia 200 Index approaching resistance of a Channel Down
Australia 200 Index is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards the resistance line of a Channel Down 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 […]
Should we expect a breakout or a rebound on Australia 200 Index?
The movement of Australia 200 Index towards the resistance line of a Channel Down 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 […]
Will Hong Kong 50 Index have enough momentum to break support?
Hong Kong 50 Index is heading towards the support line of a Falling Wedge and could reach this point within the next 13 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 […]
Support line breached by Australia 200 Index
Australia 200 Index has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 7253.0870 may materialize within the next 2 days.
Should we expect a bearish trend on Hong Kong 50 Index?
The breakout of Hong Kong 50 Index through the 23898.4004 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 23501.5391 within the next 2 days. One should always be cautious before placing a trade, wait for […]
Should we expect a bearish trend on Hong Kong 50 Index?
The breakout of Hong Kong 50 Index through the 23898.4004 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 23501.5391 within the next 2 days. One should always be cautious before placing a trade, wait for […]
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 18 days. If it tests this line again, it should do so in the next 2 days.