Autochartist General
MARKET ANALYSIS

S&P500 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 12 days and suggests a possible target level to be around 5802.8047 within the next 2 days.

A Rising Wedge pattern was identified on NAS100 at 20296.546, creating an expectation that it may move to the resistance

XAUUSD is moving towards a key resistance level at 2674.3601. XAUUSD has previously tested this level 3 times and on

BTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we

Emerging Rising Wedge detected on USDJPY – the pattern is an emerging one and has not yet broken through support,

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional

FTSE100 is en route to a very important line that will be a definite deciding factor of what is to