Trend followers are probably eagerly watching ASX 200 to see if its latest 4 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 6 day move.
Related Posts
DAX 40 is quickly approaching the resistance line of a Ascending Triangle. We expect either a breakout through this line or a rebound.
Emerging Ascending Triangle detected on DAX 40 – the pattern is an emerging one and has not yet…
DOW 30 has broken through resistance of a Triangle. It has touched this line at least twice in the last 28 days.
DOW 30 has broken through a resistance line. It has touched this line at least twice in the…
US 500 – breach of price line that’s been previously tested numerous times before
US 500 has broken through a resistance line. It has touched this line numerous times in the last…