The movement of NAS100 towards 14409.2500 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 6 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
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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…