SPX500 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 3289.9149 within the next 11 hours. It has tested this line 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 4 days.
Big movement expected on SPX500 after a breach of the resistance
