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E-mini S&P 500 DECEMBER 2021 – breach of price line thats been previously tested numerous times before

E-mini S&P 500 DECEMBER 2021 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 11 days and suggests a possible target level to be around 4730.0752 within the next 2 days.

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Chevron is approaching 118.00. We expect either a breakout through this line, or a rebound.

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Important price line being approached by AUS200. This price has been tested numerous times before.

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