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FRA40 has broken through resistance of a Triangle. It has touched this line at least twice in the last 14 days.

FRA40 has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 14 days. This breakout indicates a potential move to 32.1785 within the next 12 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.

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E-mini S&P 500 SEPTEMBER 2021 is quickly approaching 4350.5000. We expect either a breakout through this line, or a rebound.

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