NAS100 has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 12040.0068 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
A possible move on NAS 100 as it heads towards support
NAS 100 is approaching the support line of a Triangle. It has touched this line numerous times in…
DOW 30 is approaching 46089.0000. We expect either a breakout through this line, or a rebound.
DOW 30 is heading towards a line of 46089.0000. If this movement continues, the price of DOW 30…
After testing resistance twice in the past, DOW 30 has finally broken through. Can we expect a bullish trend to follow?
DOW 30 has broken through a resistance line of a Triangle and suggests a possible movement to 46612.9534…