Nikkei 225 is heading towards the resistance line of a Channel Down. If this movement continues, the price of Nikkei 225 could test 37866.0333 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
After testing 44227.1914 numerous times, DOW 30 is once again approaching this price point. Can we expect a bearish trend to follow?
The movement of DOW 30 towards 44227.1914 price line is yet another test of the line it reached…
Nikkei 225 formed a Channel Down on the 4 hour chart. Retest of support in sight.
An emerging Channel Down has been detected on Nikkei 225 on the 4 hour chart. There is a…
US 500 is approaching 6277.8501. We expect either a breakout through this line, or a rebound.
US 500 is en route to a very important line that will be a definite deciding factor of…