US 500 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of US 500 could test 6174.0556 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
US 500 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
