NAS100 has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 12 days and suggests a target line to be around 13652.2754 within the next 2 days.
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If you’re short Nikkei 225 you should be aware that 39834.0000 has just been breached – a level tested 4 time in the past
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Because DAX 40 formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
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Nikkei 225 is approaching 38585.0000. We expect either a breakout through this line, or a rebound.
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