E-mini S&P 500 DECEMBER 2020 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 3701.7309 within the next 21 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.
Related Posts
Gold Spot is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 10 days.
Gold Spot is heading towards the resistance line of a Channel Up. If this movement continues, the price…
US Oil has formed 4 bearish candles successively, what is the probability of getting another bearish candle?
US Oil has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the…
A final push possible on Silver Spot as it starts approaching a price line of 29.9590.
Silver Spot is en route to a very important line that will be a definite deciding factor of…