NAS100 is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of NAS100 to test 7909.7500 within the next 7 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
Bulls aim for 8206.1736 after the FRA40 triggered a bullish formation on the Daily chart
Triangle pattern identified on FRA40 has broken through a resistance level with the price momentum continuing to move…
Extreme movement experienced on UK100. Check this chart to see what to do next
A movement of 6.41% over 20 days on UK100 doesn’t go unnoticed. You may start considering where it’s…
Bulls aim for 8197.1608 after the FRA40 triggered a bullish formation on the 4 hour chart
FRA40 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we…