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

SPX500 has broken through the support 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 2965.4487 can be expected within the next 3 days.

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After testing support twice in the past, 10 year US Treasury Note SEPTEMBER 2019 has finally broken through. Can we expect a bearish trend to follow?

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