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 14252.5699 may materialize within the next 14 hours.
ARTÍCULOS RELACIONADOS
Because NAS 100 formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
NAS 100 is heading towards the resistance line of a Channel Up and could reach this point within…
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…