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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 3306.4067 can be expected within the next 18 hours.

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We expect DX to trend downwards for the next 48 hours.

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