US 500 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 5969.7661 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.
US 500 breakout from a Falling Wedge trade setup. Will it continue this trend to hit the target price?
