NAS100 has broken through a line of 18096.0000 and suggests a possible movement to 18320.6758 within the next 23 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Related Posts
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
An unexpected large move has occurred on DOW 30 1 hour chart beginning at 43346.73 and ending at…
After trying numerous times in the past, DOW 30 finally breaks 43334.1797!
DOW 30 has breached the support line at 43334.1797. It may continue the bearish trend towards 43176.8516, or,…
A Descending Triangle has formed, DAX 40 is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
DAX 40 is moving towards a support line which it has tested numerous times in the past. We…