SPX500 has broken through a support line of a Descending Triangle chart pattern. If this breakout holds true, we expect the price of SPX500 to test 2955.4380 within the next 19 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Breach of support could mean a start of a bearish trend on SPX500
