SPX500 has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we expect the price of SPX500 to test 3309.5397 within the next 8 hours. 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.
1 minute read
Breach of support could mean a start of a bearish trend on SPX500
January 21, 2020 2:13 am
