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Breach of support could mean a start of a bearish trend on E-Mini S&P 500 June 2024

E-Mini S&P 500 June 2024 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 23 hours and suggests a possible target level to be around 5171.6618 within the next 5 hours.

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We expect a $36192 movement on C within the next 4 hours.

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We expect NZDUSD to trend upwards right now.

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