SPX500 is heading towards the resistance line of a Rising Wedge and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
AUS200 hits 7763.0 after a 1.74% move spanning 4 days
AUS200 hits 7763.0 after a 1.74% move spanning 4 days.
UK100 moves higher to 8330.0 in the last 5 days.
A movement of 2.01% over 5 days on UK100 doesn’t go unnoticed. You may start considering where it’s…
FRA40 is quickly approaching a very important level it has previously tested numerous times in the past
The price of FRA40 in heading back to the resistance area. It is possible that it will struggle…