The breakout of E-mini S&P 500 JUNE 2020 through the 2809.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of E-mini S&P 500 JUNE 2020 to test 2853.9250 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot was identified at around 3397.525 having recently rebounded of the support on the 4 hour data…
Natural Gas likely to test 3.1605 in the near future. Where to next?
The price of Natural Gas in heading back to the resistance area. It is possible that it will…
Because Gold Spot formed a Inverse Head and Shoulders pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Gold Spot is heading towards the resistance line of a Inverse Head and Shoulders and could reach this…