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Important price line breached by SPX500. This price has been tested numerous times before.

SPX500 has broken through a line of 2971.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 2907.5000 can be expected within the next 15 hours.

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