NAS100 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 11977.8066 may materialize within the next 8 days.
Related Posts
Resistance line breached by ASX 200. This price has been tested at least twice before.
ASX 200 has broken through the resistance line which it has tested twice in the past. We have…
It’s time to make a decision on FTSE 100 – its recent breach of 8213.2002 could be a sign of a new trend to follow.
FTSE 100 has breached the support line at 8213.2002. It may continue the bearish trend towards 8186.7080, or,…
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
DOW 30 hits 41779.57 after a 1.79% move spanning 3 days.