NAS100 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 8 hours.
Related Posts
NAS 100 – approaching a resistance line that has been previously tested at least twice in the past
Emerging Rising Wedge detected on NAS 100 – the pattern is an emerging one and has not yet…
DOW 30 heading towards a price it has tested 3 times in the recent past.
DOW 30 is heading towards a line of 45773.9102. If this movement continues, the price of DOW 30…
NAS 100 – approaching a resistance line that has been previously tested at least twice in the past
Emerging Rising Wedge pattern in its final wave was identified on the NAS 100 1 hour chart. After…