NAS100 is heading towards a price line of 11064.5000 and could reach this point within the next 7 days. 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 lines.
Related Posts
Is the extremely large movement on US 500 a sign of things to come?
US 500 rose sharply for 3 days – which is an excessively big movement for this instrument; exceeding…
A possible move on CAC 40 as it heads towards resistance
CAC 40 is heading towards the resistance line of a Triangle and could reach this point within the…
Supports and resistances are primary concepts of technical analysis. ASX 200 is heading for an important price of 7947.2002 – read about what this could mean for the future.
ASX 200 is heading towards a line of 7947.2002. If this movement continues, the price of ASX 200…