GER30 has broken through a line of 13878.0000 and suggests a possible movement to 13512.7998 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 25 days.
Related Posts
DAX 40 – It’s perhaps in these huge moves where the greatest opportunity lies
DAX 40 has experienced an extremely big movement in last day. It may continue the trend, but this…
Extreme movement experienced on CAC 40. Check this chart to see what to do next
CAC 40 experienced an extremely large move that lasted 17. This movement is in the 2.0 percentile and…
Nikkei 225 – breach of a trending support line that has been tested at least twice before.
This trade setup on Nikkei 225 is formed by a period of consolidation; a period in which the…