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Breach of support could mean a start of a bearish trend on Travelers Cos Inc.

Travelers Cos Inc. has broken through a support line of a Rectangle chart pattern. If this breakout holds true, we expect the price of Travelers Cos Inc. to test 133.83 within the next 14 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.

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Important price line breached by SPX500. This price has been tested numerous times before.

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