SPX500 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 3559.0790 can be expected within the next 16 hours.
Related Posts
FTSE 100 heading towards a price it has tested 4 times in the recent past.
The movement of FTSE 100 towards 9254.6602 price line is yet another test of the line it reached…
CAC 40 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Ascending Triangle pattern in its final wave was identified on the CAC 40 30 Minutes chart. After…
If you’re long CAC 40 you should be aware of the rapidly approaching level of 7742.7002
A strong support level has been identified at 7742.7002 on the 1 hour CAC 40 chart. CAC 40…