Should we expect a breakout or a rebound on US Wall Street 30 Index?
The movement of US Wall Street 30 Index towards 34565.8008 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 15 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Biogen Idec Inc – getting close to support of a Triangle
Biogen Idec Inc is moving towards the support line of a Triangle. 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 8 hours and may test it again […]
ALPHABET INC CLASS C – support line breached
ALPHABET INC CLASS C has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 23 days and suggests a target line to […]
US Tech 100 Index approaching important 15696.7998 price line
US Tech 100 Index is approaching the resistance line of a Resistance. 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.
Either a rebound or a breakout imminent on US Small Cap 2000 Index
US Small Cap 2000 Index is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of US Small Cap 2000 Index to test 2225.5500 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so […]
Biogen Idec Inc – getting close to support of a Falling Wedge
Biogen Idec Inc is moving towards the support line of a Falling 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 6 days and may test it […]
US Tech 100 Index approaching important 15592.4004 price line
US Tech 100 Index is approaching the support line of a Support. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.
Will US Small Cap 2000 Index have enough momentum to break resistance?
US Small Cap 2000 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 2 days. 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 […]
Will US SPX 500 Index have enough momentum to break support?
US SPX 500 Index is heading towards the support line of a Channel Up and could reach this point within the next 18 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 […]
Either a rebound or a breakout imminent on US Tech 100 Index
US Tech 100 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of US Tech 100 Index to test 15679.8000 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement […]