6 consecutive daily bearish candles on Hong Kong 50 Index
Hong Kong 50 Index has moved lower after 6 consecutive daily candles from 29312.8000 to 27851.9000 in the last 10 days.
Australia 200 Index has broken through support
Australia 200 Index has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 8 days. This breakout indicates a potential move to 7191.8190 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for […]
Australia 200 Index has broken through support
Australia 200 Index has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 8 days. This breakout indicates a potential move to 7191.8190 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for […]
Big movement expected on Hong Kong 50 Index
Hong Kong 50 Index has broken through a line of 28162.9004 and suggests a possible movement to 27733.7207 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could […]
Australia 200 Index approaching important 7350.3901 price line
Australia 200 Index is approaching the resistance line of a Resistance. 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.
Australia 200 Index approaching important 7350.3901 price line
Australia 200 Index is approaching the resistance line of a Resistance. 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.
FTSE China A50 Index – getting close to support of a Channel Down
FTSE China A50 Index is moving towards the support line of a Channel Down. 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 4 days and may test […]
Australia 200 Index approaching important 7376.6299 price line
Australia 200 Index is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 19 days. If it tests this line again, it should do so in the next 3 days.
Australia 200 Index approaching important 7376.6299 price line
Australia 200 Index is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 19 days. If it tests this line again, it should do so in the next 3 days.
Hong Kong 50 Index experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.55% move on Hong Kong 50 Index. The movement has happened over the last 3 days. For those trend followers among you, you may think about riding this trend.