SPX500 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of SPX500 to test 3131.2237 within the next 18 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.
Breach of support could mean a start of a bearish trend on SPX500
