JPN225 is heading towards a price line of 27690.0000 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 happen, we could see a retracement back down to current lines.
Related Posts
US 500 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Rising Wedge detected on US 500 – the pattern is an emerging one and has not yet…
Is the extremely large movement on FTSE 100 a sign of things to come?
FTSE 100 rose sharply for 51 days – which is an excessively big movement for this instrument; exceeding…
If you’re short DOW 30 you should be aware that 42145.2188 has just been breached – a level tested 3 time in the past
DOW 30 has broken through 42145.2188 which it has tested numerous times in the past. We have seen…