NAS100 has broken through a resistance line. It has touched this line at least twice in the last 33 days. This breakout may indicate a potential move to 12578.0761 within the next 6 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
After experiencing 4 consecutive daily bullish candles in the space of 6 days, nobody knows where ASX 200 is headed.
Trend followers are probably eagerly watching ASX 200 to see if its latest 4 consecutive candles continues. If…
US 500 – breach of price line that’s been previously tested numerous times before
US 500 has broken through a resistance line. It has touched this line numerous times in the last…
Because DOW 30 formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower
DOW 30 is approaching the support line of a Falling Wedge. It has touched this line numerous times…