NAS100 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it again within the next 2 days.
Related Posts
DAX 40 – breach of a trending support line that has been tested at least twice before.
DAX 40 moved through the support line of a Channel Up at 21697.346153846156 on the 15 Minutes chart.…
If you’re long FTSE 100 you should be aware of the rapidly approaching level of 8510.9004
FTSE 100 is moving towards a key support level at 8510.9004. FTSE 100 has previously tested this level…
After testing resistance twice in the past, Nikkei 225 has finally broken through. Can we expect a bullish trend to follow?
Nikkei 225 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen…