NAS 100 is heading towards the resistance line of a Channel Up and could reach this point within the next 15 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
ARTÍCULOS RELACIONADOS
ASX 200 seems to be on its way to resistance – a possible opportunity?
ASX 200 is moving towards a resistance line. Because we have seen it retrace from this level in…
DAX 40 hits 22384.2 after a 4.55% move spanning 15 days
DAX 40 has experienced an extremely big movement in last 14 days. It may continue the trend, but…
Nikkei 225 hits 35734.0000 after a run of 6 consecutive daily candles spanning 8 days.
Rare set of consecutive candles on the Nikkei 225 Daily chart. Could we expect a turn around from…