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Big movement expected on American Express Co. after a breach of the support

American Express Co. has broken through a support line of a Triangle and suggests a possible movement to 122.92 within the next 11 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.

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We expect a $0 movement on 6M within the next 12 hours.

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We expect a $2,178,099 movement on YM within 2 hours following the release of Existing Home Sales.

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