SPX500 is moving towards a line of 3424.0000 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 3424.0000 within the next 4 days.
Related Posts
Important price line breached by Nikkei 225. This price has been tested numerous times before.
Nikkei 225 has broken through a support line. Because we have seen it retrace from this price in…
A possible move on ASX 200 as it heads towards resistance
ASX 200 is heading towards the resistance line of a Channel Down and could reach this point within…
Could a large bearish move on FTSE 100 be a sign of things to come?
Those of you that are trend followers are probably eagerly watching FTSE 100 to see if its latest…