Today we will analyze the index BEL-20 Belgium (BFX) for internet stock trading in the INDICES stock market,
Stock Technical indicators to notice in BEL-20 Belgium (BFX)
1- Last bearish trend was from 2,969.15 $ (1/17/2014) to 2,844.21 $ (2/3/2014) a 124.94 $ move 2- The current bullish trend started from 2,844.21 $ at 2/3/2014 and is currently trading at 3,090.80 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
BEL-20 Belgium (BFX) Short term stock chart patterns for internet stock trading :

4- The Index was supported by a support line, identified by two points: 2,844.210 and 2,751.810, and is currently supporting at 2,914.210.
BEL-20 Belgium (BFX) Mid term stock chart patterns for internet stock trading :

5- The Index was supported by a support line, identified by two points: 2,751.810 and 2,453.110, and is currently supporting at 2,891.525.
BEL-20 Belgium (BFX) Long term stock chart patterns for internet stock trading :

6- The Index traded in a bullish stock channel identifed by support at 2,453.110 and 2,049.250,resistance between 2,746.640 and 2,374.290 which was broken up at 2,989.480.

Stock Trading Conclusion:
BEL-20 Belgium (BFX) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : .
Stock Support levels : 3,032.60, 3,002.79, 2,996.60, 2,967.51, 2,938.41, 2,914.21, 2,891.52,.