The breakout of SPX500 through the resistance line of a Rectangle could be a sign of the road ahead. If this breakout persists, we expect the price of SPX500 to test 2987.3659 within the next 4 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
It’s time to make a decision on AUS200 – its recent breach of 7622.0000 could be a sign of a new trend to follow.
AUS200 has broken through a support line. Because we have seen it retrace from this price in the…
Interesting opportunity on FRA40 after breaking 7995.661971830986
You would be well advised to confirm the breakout that has just occurred – do you believe the…
US30 – breach of a trending resistance line that has been tested at least twice before.
US30 moved through the resistance line of a Triangle at 38068.90909090909 on the 15 Minutes chart. This line…