NAS100 has broken through a support line of a Rising Wedge and suggests a possible movement to 7909.3515 within the next 21 hours. It has tested this line 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 4 days.
Related Posts
ASX 200 experienced a very large 13 days bearish move to 7165.3
Those of you that are trend followers are probably eagerly watching ASX 200 to see if its latest…
Nikkei 225 hits 31071.0 after a 8.53% move spanning 4 days
Nikkei 225 experienced an extremely large move that lasted 4. This movement is in the 3.0 percentile and…
Is the DAX 40 poised for a turn-around after 8 consecutive bearish 4 hour candles?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…