After testing support twice in the past, E-Mini S&P 500 June 2024 has finally broken through. Can we expect a bearish trend to follow?

The last 21 4 hour candles on E-Mini S&P 500 June 2024 formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 5239.1387.

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After testing support twice in the past, E-Mini S&P 500 June 2024 has finally broken through. Can we expect a bearish trend to follow?

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After testing support twice in the past, E-Mini S&P 500 June 2024 has finally broken through. Can we expect a bearish trend to follow?

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