SPX500 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of SPX500 to test 2954.1387 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Breach of support could mean a start of a bearish trend on SPX500
