UK100 has broken through a resistance line. It has touched this line at least twice in the last 65 days. This breakout may indicate a potential move to 7655.9317 within the next 9 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
ASX 200 hits 7724.6 after a 7.81% move spanning 10 days
Those of you that are trend followers are probably eagerly watching ASX 200 to see if its latest…
NAS 100 keeps moving closer towards 18473.8105. Will it finally breach this level?
NAS 100 is moving towards a line of 18473.8105 which it has tested numerous times in the past.…
Because NAS 100 formed a Channel Up pattern, we expect it to touch the support line. If it breaks through support it may move much lower
An emerging Channel Up has been detected on NAS 100 on the 30 Minutes chart. There is a…