Hong Kong 50 Index – getting close to resistance of a Channel Up
Hong Kong 50 Index is moving towards the resistance line of a Channel Up. 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 16 days and may test […]
Big movement expected on Hong Kong 50 Index
Hong Kong 50 Index has broken through a support line of a Rising Wedge and suggests a possible movement to 28298.5391 within the next 3 days. It has tested this line 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 […]
Big movement expected on Hong Kong 50 Index
Hong Kong 50 Index has broken through a support line of a Rising Wedge and suggests a possible movement to 28298.5391 within the next 3 days. It has tested this line 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 […]
Australia 200 Index approaching important 7080.6802 price line
Australia 200 Index is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 17 hours.
Australia 200 Index has broken through support
Australia 200 Index has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 19 days. This breakout indicates a potential move to 6961.5232 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for […]
Hong Kong 50 Index broke through important 29000.4004 price line
Hong Kong 50 Index has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 28 days. This breakout shows a potential move to 29526.5508 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation […]
Where is Australia 200 Index moving to?
A movement of 4.87% over 38 days on Australia 200 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Where is Australia 200 Index moving to?
A movement of 4.87% over 38 days on Australia 200 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
What’s going on with FTSE China A50 Index?
Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 1.85% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 16 hours move.
What’s going on with FTSE China A50 Index?
Those of you that are trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 1.85% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 16 hours move.