Italy 40 Index approaching resistance of a Bandeira
Italy 40 Index is approaching the resistance line of a Bandeira. 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 7 hours.
UK 100 Index has broken through support
UK 100 Index has broken through a support line. It has touched this line at least twice in the last 14 days. This breakout may indicate a potential move to 7379.5020 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]
Will Italy 40 Index have enough momentum to break resistance?
Italy 40 Index is heading towards the resistance line of a Cunha ascendente and could reach this point within the next 3 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 […]
Italy 40 Index approaching resistance of a Cunha ascendente
Italy 40 Index is approaching the resistance line of a Cunha ascendente. It has touched this line numerous times in the last 18 days. If it tests this line again, it should do so in the next 3 days.
Breach of important price line imminent by Italy 40 Index
Italy 40 Index is moving towards a line of 23820.5996 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 Italy 40 Index continues in […]
What’s going on with Japan 225 Index?
Those of you that are trend followers are probably eagerly watching Japan 225 Index to see if its latest 3,06% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.
A final push possible on EU Stocks 50 Index
EU Stocks 50 Index is heading towards 3820.1001 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down […]
Where is UK 100 Index moving to?
A movement of 8,03% over 13 days on UK 100 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.
Possible breach of resistance level by France 40 Index
France 40 Index is moving towards a resistance line 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 France 40 Index continues in its current trajectory, […]
EU Stocks 50 Index – psychological price line breached
EU Stocks 50 Index has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 15 days and suggests a possible target level to be around 4005.7461 within […]