JPN225 is moving towards the support line of a Rising Wedge. Because we have seen it retrace from this line before, 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 6 days and may test it again within the next 2 days.
Related Posts
Could a large bearish move on CAC 40 be a sign of things to come?
CAC 40 hits 7230.8 after a 5.01% move spanning 36 days.
Will NAS 100 break through the support level it tested before?
NAS 100 is heading towards 20515.9258 and could reach this point within the next 19 hours. It has…
ASX 200 is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
A Channel Up pattern was identified on ASX 200 at 8381.3, creating an expectation that it may move…