HK33HKD is approaching our first resistance at 28975.3(horizontal overlap resistance, 61.8% & 50%Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 27325.9 (38.2% Fibonacci retracement , Horizontal pullback support, 61.8% Fibonacci extension) Stochastic (89,5,3) is also approaching resistance where...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...
S&P is approaching our first resistance at 2797.60 (horizontal overlap resistance, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 2631.22 (38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (34,5,3) is also approaching resistance where we...
Euro stoxx is approaching our first resistance at 3262.6(horizontal swing high resistance, 61.8% & 50%Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3134.7 (38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (55,5,3) is...
CAC40 is approaching our first resistance at 5184.1 (horizontal swing high resistance, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 4950(38.2% Fibonacci retracement , Horizontal overlap support, 61.8% Fibonacci extension ) Stochastic (89,5,3) is also...
just now FTSE 100 is approaching our first resistance at 7233 (horizontal pullback resistance, 50% Fibonacci retracement , 61.8% & 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 6961(38.2% Fibonacci retracement , Horizontal pullback support, 100% Fibonacci extension ) Stochastic (55,5,3) is...
S&P is approaching our first resistance at 2797.60 (horizontal overlap resistance, 76.4% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 2631.22 (38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (34,5,3) is also approaching resistance where we...
S&P is approaching our first resistance at 2797.60 (horizontal overlap resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 2631.22 (38.2% Fibonacci retracement , Horizontal swing low support) Stochastic (34,5,3) is also approaching resistance where we...
S&P is approaching our first support at 2687.75 (horizontal overlap support, 100% Fibonacci extension , 38.2% Fibonacci retracement ) where a strong bounce might occur above this level pushing price up to our major resistance at 2790.51 (76.4% Fibonacci retracement , 100% Fibonacci extension, horizontal swing high resistance). Stochastic (21,5,3) is approaching...
Euro Stoxx 50 is approaching our first resistance at 3262.1(horizontal overlap resistance, 50% Fibonacci retracement ,100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3043.7 (61.8% Fibonacci retracement ,61.8% Fibonacci extension ) Stochastic (89,5,3) is also approaching resistance where we...
Yesterday was an indecisive day as Dow Jones produced a doji on the daily chart , leaving room for a potential bearish reversal today. A potential top could be in place at 25109 levels earlier this week, at the fibonacci 0.786 (of drop between 26000 and 21800 levels) and downtrend line confluence. Looking at the wave counts, a higher degree Wave (3) might be...
UKX is approaching our first resistance at 7009(horizontal swing high resistance, 38.2% & 50% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 6746 (61.8% Fibonacci retracement , 100% Fibonacci extension, horizontal swing low support) Stochastic (89,5,3) is also...
DAX bounced off our first support at 11008 ( Inverse head and shoulder neckline support, 23.6% fibonacci retracement ) where a further rise might occur pushing price up to our major resistance at 11757.29 (50% Fibonacci retracement , 100% Fibonacci extension, Inverse head and shoulder porfit potential ). Ichimoku Cloud shows bullish trend where we might see a...
Euro Stoxx 50 is approaching our first resistance at 3262.1(horizontal overlap resistance, 50% Fibonacci retracement ,100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 3043.7 (61.8% Fibonacci retracement ,61.8% Fibonacci extension) Stochastic (89,5,3) is also approaching resistance where we...
The Dow Jones index has made yet another high at 24860 levels before pulling back, which could be a potential top for the down trend to resume further. Please note that Dow Jones pulled back close to the down trend line passing through around 25150 levels and just ahead of fibonacci 0.786 resistance at 25100 levels respectively. This might not be a confirmed...