NAS100 has broken through a line of 12449.7500 and suggests a possible movement to 12648.5000 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.
Related Posts
NAS 100 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 9 days.
NAS 100 is moving towards a resistance line which it has tested numerous times in the past. We…
US 500 – approaching a price line that has been previously tested numerous times in the past
US 500 is moving towards a key resistance level at 6274.1401. US 500 has previously tested this level…
FTSE 100 is approaching a support line of a Head and Shoulders. It has touched this line numerous times in the last 9 days.
The movement of FTSE 100 towards the support line of a Head and Shoulders is yet another test…