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After testing the resistance line numerous times, American Express Co. is once again approaching this line. Can we expect a bullish trend to follow?

The movement of American Express Co. towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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GER30 – approaching a support line that has been previously tested at least twice in the past

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JPN225 – approaching a resistance line that has been previously tested at least twice in the past

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