NAS100 has broken through a line of 14106.0000 and suggests a possible movement to 13824.4248 within the next 5 hours. It has tested this line numerous times in the past, so one should wait for a 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 2 days.
Related Posts
A Rising Wedge has formed, CAC 40 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
CAC 40 is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…
A possible move on ASX 200 as it heads towards support
ASX 200 is moving towards a support line. Because we have seen it retrace from this line before,…
After experiencing a 19.08% bullish move in the space of 25 days, nobody knows where NAS 100 is headed.
NAS 100 rose sharply for 24 days – which is an excessively big movement for this instrument; exceeding…