SPX500 is quickly approaching 3244.7500. We expect either a breakout through this line, or a rebound.

SPX500 is heading towards a line of 3244.7500. If this movement continues, we expect the price of SPX500 to test 3244.7500 within the next 17 hours. But don’t be so quick to trade, 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.