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An emerging Channel Up pattern has been detected for S&P500 on the 30 Minutes chart. There may be a move toward 6932.1902 in the next few candles. Once it reaches the support, it may continue its bearish run or revert to current price levels.
NAS100 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 13 days and may test it again within the next 2 days.
BRN/USD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 8 days and may test it again within the next 21 hours.
An emerging Channel Down pattern in its final wave has been identified on the EURUSD 30 Minutes chart. After a strong bearish run, EURUSD is heading toward the upper triangle trendline, with possible resistance at 1.1592. If the support holds, the Channel Down pattern suggests a rebound toward current levels.
LTCUSD is about to retest a key horizontal resistance level near 82.0100. It has tested this level 5 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.
