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E-mini S&P 500 JUNE 2021 – breach of a trending support line that has been tested at least twice before.

E-mini S&P 500 JUNE 2021 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 13 days and suggests a target line to be around 3871.8154 within the next 3 days.

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Support line breached by US30. This price has been tested at least twice before.

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