What’s going on with FTSE China A50 Index?
Trend followers are probably eagerly watching FTSE China A50 Index to see if its latest 6 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 9 day move.
Either a rebound or a breakout imminent on Australia 200 Index
Australia 200 Index is heading towards the resistance line of a Channel Up. If this movement continues, the price of Australia 200 Index could test 7573.6611 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did […]
Australia 200 Index approaching resistance of a Rising Wedge
Australia 200 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
Will Australia 200 Index have enough momentum to break resistance?
Australia 200 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 doesn’t […]
Hong Kong 50 Index approaching resistance of a Rising Wedge
Hong Kong 50 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 5 hours.
Will Australia 200 Index have enough momentum to break resistance?
Australia 200 Index is heading towards the resistance line of a Rising Wedge and could reach this point within the next 11 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 […]
Hong Kong 50 Index broke through important 21728.3008 price line
Hong Kong 50 Index has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 21951.8594 within the next 22 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Huge bullish move on FTSE China A50 Index
FTSE China A50 Index has moved higher by 9.43% from 12795.38 to 14002.04 in the last 30 days.
Big movement possible on Australia 200 Index
Australia 200 Index has broken through a line of 7380.1299 and suggests a possible movement to 7353.9058 within the next 12 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a […]
FTSE China A50 Index is on its way up
FTSE China A50 Index has experienced an exceptionally large movement higher by 9.52% from 12795.38 to 14013.07 in the last 29 days.