SPX500 is moving towards a line of 3207.2500 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 3207.2500 within the next 18 hours.
Related Posts
FTSE 100 is approaching a support line of a Head and Shoulders. It has touched this line numerous times in the last 9 days.
The movement of FTSE 100 towards the support line of a Head and Shoulders is yet another test…
DAX 40 likely to test 24302.3008 in the near future. Where to next?
DAX 40 is about to retest a key horizontal resistance level near 24302.3008. It has tested this level…
FTSE 100 breakout from a Rising Wedge trade setup. Will it continue this trend to hit the target price?
FTSE 100 has broken through a support line. It has touched this line at least twice in the…