JPN225 has broken through a line of 26610.0000 and suggests a possible movement to 27041.5000 within the next 2 days. 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 retracement back to lines seen in the last 14 days.
Related Posts
Because NAS 100 formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Channel Down detected on NAS 100 – the pattern is an emerging one and has not yet…
Supports and resistances are primary concepts of technical analysis. US 500 is heading for an important price of 5516.8198 – read about what this could mean for the future.
US 500 is moving towards a line of 5516.8198 which it has tested numerous times in the past.…
Is the extremely large movement on US 500 a sign of things to come?
US 500 experienced an extremely large move that lasted 10. This movement is in the 97.0 percentile and…