Will Italy 40 Index have enough momentum to break resistance?
Italy 40 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 8 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 […]
Will Italy 40 Index have enough momentum to break resistance?
Italy 40 Index is heading towards the resistance line of a Rising 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 doesn’t […]
Will UK 100 Index have enough momentum to break support?
UK 100 Index is heading towards the support line of a Falling Wedge and could reach this point within the next 9 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 […]
Should we expect a breakout or a rebound on Germany 30 Index?
The movement of Germany 30 Index towards 13839.0000 price line 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 simply rebound back to […]
What’s going on with Spain 35 Index?
Those of you that are trend followers are probably eagerly watching Spain 35 Index to see if its latest 2.05% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 2 days move.
Either a rebound or a breakout imminent on Japan 225 Index
Japan 225 Index is heading towards a line of 28859.5000. If this movement continues, we expect the price of Japan 225 Index to test 28859.5000 within the next 2 days. 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 […]
Where is Japan 225 Index moving to?
A movement of 3.84% over 17 days on Japan 225 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Where is Japan 225 Index moving to?
A movement of 1.25% over 8 hours on Japan 225 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Either a rebound or a breakout imminent on Italy 40 Index
Italy 40 Index is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of Italy 40 Index to test 21400.8000 within the next 22 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
Resistance line breached by France 40 Index
France 40 Index has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 5566.4007 can be expected within the next 14 […]