The breakout of NAS100 through the 13228.2500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, NAS100 could test 12976.9746 within the next 22 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
A possible move on DOW 30 as it heads towards support
DOW 30 is approaching the support line of a Channel Up. It has touched this line numerous times…
NAS 100 – It’s perhaps in these huge moves where the greatest opportunity lies
NAS 100 has experienced an extremely big movement in last 22 days. It may continue the trend, but…
Important resistance line being approached by ASX 200. This price has been tested numerous time in the last 14 days
Emerging Rising Wedge pattern in its final wave was identified on the ASX 200 4 hour chart. After…