JPN225 has broken through a support line. It has touched this line at least twice in the last 10 days. This breakout may indicate a potential move to 31775.5898 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
NAS 100 formed a Flag on the 4 hour chart. Retest of support in sight.
NAS 100 is heading towards the support line of a Flag and could reach this point within the…
US 500 likely to test 6308.3198 in the near future. Where to next?
US 500 is en route to a very important line that will be a definite deciding factor of…
CAC 40 formed a Channel Up on the 1 hour chart. Retest of support in sight.
The movement of CAC 40 towards the support line of a Channel Up is yet another test of…