NAS100 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 5 days. This breakout indicates a potential move to 7831.3839 within the next 16 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
After experiencing a 1.62% bullish move in the space of 5 days, nobody knows where FRA40 is headed.
FRA40 hits 8026.0 after a 1.62% move spanning 5 days.
There is a possibility of a big movement on AUS200 after a breach of the support
AUS200 has broken through a support line of a Rising Wedge and suggests a possible movement to 7684.3244…
Interesting opportunity on NAS100 after breaking 17331.416666666664
NAS100 has broken through a resistance line of a Channel Down and suggests a possible movement to 17524.3141…