SPX500 is moving towards a line of 3320.5000 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 3320.5000 within the next 2 days.
Related Posts
US 500 formed a Channel Up on the 1 hour chart. Retest of support in sight.
US 500 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Because NAS 100 formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
NAS 100 is approaching the resistance line of a Channel Up. It has touched this line numerous times…
DAX 40 keeps moving closer towards 23863.9004. Will it finally breach this level?
DAX 40 is about to retest a key horizontal resistance level near 23863.9004. It has tested this level…