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E-mini S&P 500 SEPTEMBER 2020 – breach of a trending support line that has been tested at least twice before.

E-mini S&P 500 SEPTEMBER 2020 has broken through the support line of a Triangle 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 2 days and suggests a target line to be around 3222.2374 within the next 10 hours.

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Exxon Mobil Corp. is quickly approaching 45.54. We expect either a breakout through this line, or a rebound.

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