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Breach of resistance could mean a start of a bullish trend on GER30

GER30 has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we expect the price of GER30 to test 15779.9970 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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E-mini S&P 500 DECEMBER 2021 – approaching a price line that has been previously tested numerous times in the past

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