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
Important resistance line being approached by DAX 40. This price has been tested numerous time in the last 3 days
DAX 40 is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…
Nikkei 225 – approaching a resistance line that has been previously tested at least twice in the past
An emerging Falling Wedge has been detected on Nikkei 225 on the 4 hour chart. There is a…
A final push possible on US 500 as it starts approaching a price line of 6483.2598.
The movement of US 500 towards 6483.2598 price line is yet another test of the line it reached…