Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 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 breakout […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 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 breakout […]
Breach of important price line imminent by Australia 200 Index
Australia 200 Index is moving towards a line of 7334.4102 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 Australia 200 Index continues in […]
Should we expect a breakout or a rebound on Hong Kong 50 Index?
The movement of Hong Kong 50 Index towards 24204.6992 price line is yet another test of the line it reached numerous times in the past. We could expect this 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 […]
Should we expect a breakout or a rebound on Hong Kong 50 Index?
The movement of Hong Kong 50 Index towards 24204.6992 price line is yet another test of the line it reached numerous times in the past. We could expect this 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 […]
Support line breached by Australia 200 Index
Australia 200 Index has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 7305.6147 may materialize within the next 23 hours.
Should we expect a breakout or a rebound on Hong Kong 50 Index?
The movement of Hong Kong 50 Index towards 24204.6992 price line is yet another test of the line it reached numerous times in the past. We could expect this 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 […]
Should we expect a breakout or a rebound on Hong Kong 50 Index?
The movement of Hong Kong 50 Index towards 24204.6992 price line is yet another test of the line it reached numerous times in the past. We could expect this 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 […]
Will Australia 200 Index have enough momentum to break support?
Australia 200 Index is heading towards the support line of a Channel Up and could reach this point within the next 12 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 Australia 200 Index have enough momentum to break support?
Australia 200 Index is heading towards the support line of a Channel Up and could reach this point within the next 12 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 […]