JPN225 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 42 days and may test it again within the next 8 days.
Related Posts
Because FTSE 100 formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
FTSE 100 is moving towards a resistance line which it has tested numerous times in the past. We…
It’s time to make a decision on DOW 30 – its recent breach of 43734.2383 could be a sign of a new trend to follow.
The price of DOW 30 in heading in the direction of 43426.1719. Despite the recent breakout through 43734.2383…
CAC 40 – It’s perhaps in these huge moves where the greatest opportunity lies
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…