SPX500 is moving towards a line of 3155.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If SPX500 continues in its current trajectory, we can expect it to reach 3155.0000 within the next 3 days.
Related Posts
ASX 200 seems to be on its way to resistance – a possible opportunity?
ASX 200 is moving towards a resistance line. Because we have seen it retrace from this level in…
DAX 40 hits 22384.2 after a 4.55% move spanning 15 days
DAX 40 has experienced an extremely big movement in last 14 days. It may continue the trend, but…
Nikkei 225 hits 35734.0000 after a run of 6 consecutive daily candles spanning 8 days.
Rare set of consecutive candles on the Nikkei 225 Daily chart. Could we expect a turn around from…