Australia 200 Index – getting close to support of a Triangle
Australia 200 Index 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 7 days and may test it again […]
FTSE China A50 Index – getting close to psychological price line
FTSE China A50 Index is moving towards the resistance line of a Resistance. 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 4 days and may […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 7 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 […]
Australia 200 Index – getting close to resistance of a Rising Wedge
Australia 200 Index is moving towards the resistance line of a Rising 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 11 days and may test it […]
Australia 200 Index – getting close to resistance of a Rising Wedge
Australia 200 Index is moving towards the resistance line of a Rising 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 7 days and may test it […]
Australia 200 Index – getting close to support of a Falling Wedge
Australia 200 Index 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 2 days and may test it […]
A final push expected on Australia 200 Index
Australia 200 Index is heading towards a price line of 6836.8398 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 doesn’t happen, we […]
Either a rebound or a breakout imminent on FTSE China A50 Index
FTSE China A50 Index is heading towards a line of 18306.3691. If this movement continues, we expect the price of FTSE China A50 Index to test 18306.3691 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 could be short-lived […]
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 2.18% move on Hong Kong 50 Index. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.
Breach of resistance line imminent by FTSE China A50 Index
FTSE China A50 Index is moving towards the resistance line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If FTSE China A50 […]