US 500 has broken through a support line of a Rising Wedge and suggests a possible movement to 5942.1007 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
US 500 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 5 days.
