NAS100 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 12941.1168 can be expected within the next 7 hours.
Related Posts
Nikkei 225 is approaching 39185.0000. We expect either a breakout through this line, or a rebound.
Nikkei 225 is moving towards a support line. Because we have seen it retrace from this level in…
Because CAC 40 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
CAC 40 is approaching the resistance line of a Rising Wedge. It has touched this line numerous times…
Important resistance line being approached by US 500. This price has been tested numerous time in the last 14 days
An emerging Triangle has been detected on US 500 on the 1 hour chart. There is a possible…