US 500 is heading towards 5931.2900 and could reach this point within the next 18 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
After testing 5931.2900 numerous times, US 500 is once again approaching this price point. Can we expect a bullish trend to follow?
