A start of a bullish trend on Italy 40 Index
Italy 40 Index has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of Italy 40 Index to test 25504.7472 within the next 8 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm […]
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 2.36% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 5 days move.
Where is Japan 225 Index moving to?
A movement of 3.56% over 4 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.
EU Stocks 50 Index – getting close to psychological price line
EU Stocks 50 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 2 days and may […]
Breach of important price line imminent by Japan 225 Index
Japan 225 Index is moving towards a line of 28743.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Japan 225 Index continues in […]
Support line breached by Japan 225 Index
Japan 225 Index has broken through the support 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 29227.2331 can be expected within the next 8 […]
What’s going on with EU Stocks 50 Index?
Those of you that are trend followers are probably eagerly watching EU Stocks 50 Index to see if its latest 0.61% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 18 hours move.
What’s going on with Germany 30 Index?
Those of you that are trend followers are probably eagerly watching Germany 30 Index to see if its latest 1.04% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 3 days move.
Japan 225 Index approaching resistance of a Rising Wedge
Japan 225 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 14 days. If it tests this line again, it should do so in the next 2 days.
Either a rebound or a breakout imminent on France 40 Index
France 40 Index is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of France 40 Index to test 6583.5100 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]