Australia 200 Index – getting close to psychological price line
Australia 200 Index is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 15 days and may test […]
Hong Kong 50 Index – getting close to resistance of a Rising Wedge
Hong Kong 50 Index is moving towards the resistance line of a Rising Wedge. 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 5 days and may test […]
Big movement expected on Australia 200 Index
Australia 200 Index has broken through a resistance line of a Triangle and suggests a possible movement to 7563.8781 within the next 4 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see […]
Hong Kong 50 Index approaching important 25179.6992 price line
Hong Kong 50 Index is approaching the support line of a Support. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.
Hong Kong 50 Index approaching important 25179.6992 price line
Hong Kong 50 Index is approaching the support line of a Support. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.
Breach of support line imminent by Australia 200 Index
Australia 200 Index is moving towards the support line of a Triangle 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 Australia 200 Index continues in […]
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of Hong Kong 50 Index to test 25642.9000 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could […]
Either a rebound or a breakout imminent on Hong Kong 50 Index
Hong Kong 50 Index is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of Hong Kong 50 Index to test 25642.9000 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could […]
Should we expect a breakout or a rebound on FTSE China A50 Index?
The movement of FTSE China A50 Index towards the resistance line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or […]
A final push expected on Hong Kong 50 Index
Hong Kong 50 Index is heading towards a price line of 25085.1992 and could reach this point within the next 14 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, […]