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Important support line being approached by SPX500. This price has been tested numerous time in the last 3 days

SPX500 is moving towards the support line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If SPX500 continues in its current trajectory, we can expect it to reach 2841.7500 within the next 16 hours.

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E-mini S&P 500 JUNE 2019 is approaching a support line of a Rising Wedge. It has touched this line numerous times in the last 3 days.

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USD/JPY Target Level: 109.9660

USD/JPY Target Level: 109.9660

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