DOW 30 was identified at around 44934.44 having recently rebounded of the support on the 30 Minutes data interval. Ultimately, the price action of the stock has formed a Rising Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 45208.8337 level.
Supported by Upward sloping Moving Average
Target: 45208.8337 Entry: 44934.44 Stop: 44756.06
The price of Nikkei 225 in heading in the direction of 38226.1992. Despite the recent breakout through 37994.0000 it is possible that it will struggle to gain momentum to the
ASX 225 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for
Approaching Support level of 22,801.30 identified at 9/17 00:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 22,801.30 within the next 25