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EUSTX50 – approaching a price line that has been previously tested numerous times in the past

EUSTX50 is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 11 days and may test it again within the next 14 hours.

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After testing 4404.2500 numerous times, E-mini S&P 500 DECEMBER 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

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