SPX500 has broken through a line of 2997.5000. If this breakout holds true, we expect the price of SPX500 to test 3007.6001 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
Is the extremely large movement on FTSE 100 a sign of things to come?
Those of you that are trend followers are probably eagerly watching FTSE 100 to see if its latest…
DOW 30 – approaching a support line that has been previously tested at least twice in the past
A Channel Up pattern was identified on DOW 30 at 42696.4, creating an expectation that it may move…
Important price line breached by FTSE 100. This price has been tested numerous times before.
FTSE 100 is once again retesting a key horizontal resistance level at 8825.0703. It has tested this level…