The last 36 4 hour candles on NAS100 formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 19269.7413.
Interesting opportunity on NAS100 after breaking 20024.06651376147
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FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days
FTSE 100 hits 8507.9 after a 5.53% move spanning 33 days.
Because FTSE 100 formed a Pennant pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Pennant detected on FTSE 100 – the pattern is an emerging one and has not yet broken…
DOW 30 is approaching 43440.7813. We expect either a breakout through this line, or a rebound.
DOW 30 is approaching a support line at 43440.7813. If it hits the support line, it may break…