The breakout of NAS100 through the 15125.7500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, NAS100 could test 14949.3252 within the next 19 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
US 500 through 6451.963030303029. Is this a confirming a breakout? Will it continue its path in the current trend toward 6406.5663?
This trade setup on US 500 is formed by a period of consolidation; a period in which the…
Nikkei 225 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
Nikkei 225 is moving towards a resistance line. Because we have seen it retrace from this line before,…
Nikkei 225 seems to be on its way to support – a possible opportunity?
Nikkei 225 is moving towards a key support level at 43309.0000. This is a previously tested level for…