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

E-mini S&P 500 MARCH 2021 has broken through the support line of a Head and Shoulders 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 12 days and suggests a target line to be around 3860.8102 within the next 3 days.

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