JPN225 has broken through a support line. It has touched this line at least twice in the last 16 days. This breakout may indicate a potential move to 32425.9431 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Nikkei 225 seems to be on its way to support – a possible opportunity?
The price of Nikkei 225 in heading back to the support area. It is possible that it will…
US 500 is quickly approaching the support line of a Channel Up. We expect either a breakout through this line or a rebound.
The movement of US 500 towards the support line of a Channel Up is yet another test of…
DOW 30 likely to test 45773.9102 in the near future. Where to next?
The movement of DOW 30 towards 45773.9102 price line is yet another test of the line it reached…