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Resistance line breached by SPX500. This price has been tested at least twice before.

SPX500 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 3418.4670 can be expected within the next 5 days.

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After testing 997.2500 numerous times, Soybeans NOVEMBER 2020 has finally broken through. Can we expect a bearish trend to follow?

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We expect a 0 pip movement on NE within 48 hours following the event release.

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