NAS100 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 4 days and may test it again within the next 8 hours.
Related Posts
If you’re short ASX 200 you should be aware of the rapidly approaching level of 8805.2998
ASX 200 is heading towards a line of 8805.2998. If this movement continues, the price of ASX 200…
FTSE 100 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
Emerging Channel Down pattern in its final wave was identified on the FTSE 100 4 hour chart. After…
Supports and resistances are primary concepts of technical analysis. Nikkei 225 is heading for an important price of 45031.0000 – read about what this could mean for the future.
Nikkei 225 is moving towards a line of 45031.0000 which it has tested numerous times in the past.…