A movement of 1.95% over 5 days on NAS100 doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
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Because NAS 100 formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
NAS 100 is heading towards the resistance line of a Channel Up and could reach this point within…
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…