NAS100 has broken through the support line of a Support. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 13802.1748 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
Important price line breached by Nikkei 225. This price has been tested numerous times before.
Nikkei 225 has broken through a resistance line. Because we have seen it retrace from this price in…
Because DAX 40 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Rising Wedge pattern in its final wave was identified on the DAX 40 1 hour chart. After…
FTSE 100 seems to be on its way to resistance – a possible opportunity?
FTSE 100 is heading towards a line of 8697.3496. If this movement continues, the price of FTSE 100…