Tag Archives: resistance line

Australia 200 – Weekly Outlook

As we enter a new trading week, I’ve posted some thoughts on how the share market might respond to this week’s news and the upcoming reporting season plus how all this relates to the current chart position.

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Australia 200 and UK 100 – poised to peak

The next couple of days look could be important for the outlook on index markets. The Australia 200 made a high at a significant Fibonacci cluster yesterday. A close under yesterday’s low could set up for a decent decline. The UK 100 is one of the most popular … Continue reading

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Apollo Group (APOL US) – Buy on Wedge Breakout

Hi everyone, the chart that I am looking at here is Apollo Group (APOL) and you can see that price has already broken out of a wedge formation. The reason I quite like the look of this setup is due … Continue reading

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