NAS100 has broken through the support 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 12681.0672 can be expected within the next 7 hours.
Related Posts
After experiencing a 13.16% bullish move in the space of 24 days, nobody knows where DAX 40 is headed.
DAX 40 hits 22577.8 after a 13.16% move spanning 24 days.
A possible move on Nikkei 225 as it heads towards support
Nikkei 225 was identified at around 35685.0 having recently rebounded of the resistance on the 4 hour data…
Will FTSE 100 break through the resistance level it tested before?
FTSE 100 is heading towards 8453.7998 and could reach this point within the next 6 hours. It has…