NAS100 has broken through a line of 13448.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 13639.5254 can be expected within the next 2 days.
Related Posts
FTSE 100 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Channel Up pattern in its final wave was identified on the FTSE 100 1 hour chart. After…
Important price line being approached by DAX 40. This price has been tested numerous times before.
DAX 40 is heading towards a line of 24506.1992. If this movement continues, the price of DAX 40…
ASX 200 is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
A Falling Wedge pattern was identified on ASX 200 at 8609.0, creating an expectation that it may move…