E-mini S&P 500 SEPTEMBER 2020 has broken through a line of 3018.5000 and suggests a possible movement to 2916.8750 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 30 days.
Related Posts
US Oil – Large moves like this tend to draw attention.
An unexpected large move occurred on US Oil 1 hour chart, starting at 65.5195 and reaching 63.2685. It…
Breach of 64.8690 could mean a start of a bearish trend on US Oil
US Oil has broken through 64.8690 which it has tested numerous times in the past. We have seen…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…