NAS100 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 18792.2121 may materialize within the next 2 days.
ARTÍCULOS RELACIONADOS
FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days
FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days.
Because FTSE 100 formed a Pennant pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Pennant detected on FTSE 100 – the pattern is an emerging one and has not yet broken…
DOW 30 is approaching 43440.7813. We expect either a breakout through this line, or a rebound.
DOW 30 is approaching a support line at 43440.7813. If it hits the support line, it may break…