The breakout of E-mini S&P 500 JUNE 2020 through the 2809.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of E-mini S&P 500 JUNE 2020 to test 2853.9250 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
After testing 70.7485 numerous times, US Oil has finally broken through. Can we expect a bearish trend to follow?
US Oil has broken through a line of 70.7485 and suggests a possible movement to 69.4582 within the…
Natural Gas is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
Natural Gas is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…
If you’re long Silver Spot you should be aware of the rapidly approaching level of 32.3870
Silver Spot is moving towards a key support level at 32.3870. Silver Spot has previously tested this level…