AUS200 has broken through a resistance line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 7187.3999 within the next 15 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
A possible move on NAS 100 as it heads towards resistance
NAS 100 is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times…
NAS 100 likely to test 21638.8027 in the near future. Where to next?
NAS 100 is about to retest a key horizontal resistance level near 21638.8027. It has tested this level…
DOW 30 has broken out from the Channel Up pattern. Expect it to hit 43452.2258 soon.
This trade setup on DOW 30 is formed by a period of consolidation; a period in which the…