Hong Kong 50 Index approaching important level of 17102.5000
Hong Kong 50 Index is about to retest a key horizontal resistance level near 17102.5000. It has tested this level 6 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Will Australia 200 Index bounce after a massive rise?
Australia 200 Index has experienced an exceptionally large movement higher by 8.03% from 7034.85 to 7599.97 in the last 33 days.
A possible start of a bearish trend on Hong Kong 50 Index
The breakout of Hong Kong 50 Index through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of Hong Kong 50 Index testing 16031.7959 within the next 2 days.
Huge bullish move on Australia 200 Index
Australia 200 Index has experienced an exceptionally large movement higher by 6.74% from 7034.85 to 7509.27 in the last 26 days.
Did you miss this move on Australia 200 Index?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 6.66% move on Australia 200 Index. The movement has happened over the last 24 days. For those trend followers among you, you may think about riding this possible trend.
Hong Kong 50 Index – support line breached
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 16353.4556 but consider reducing the size of your position as the price gets […]
Australia 200 Index trade outlook at 2023-12-20T20:00:00.000Z until 2023-12-20T20:00:00.000Z
The last 9 1 hour candles on Australia 200 Index formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 7461.5713.
Hong Kong 50 Index short term bearish trade setup to 16591.5000
Hong Kong 50 Index is heading towards a line of 16591.5000. If this movement continues, the price of Hong Kong 50 Index could test 16591.5000 within the next 16 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 […]
Extreme movement on FTSE China A50 Index
Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 9.11% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 44 days move.
A potential bearish movement on Hong Kong 50 Index
Hong Kong 50 Index is moving towards a line of 16147.2500 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Hong Kong 50 Index […]