SPX500 has broken through a line of 3156.5000 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 3215.3999 can be expected within the next 4 days.
Related Posts
Nikkei 225 likely to test 31080.0000 in the near future. Where to next?
Nikkei 225 is moving towards a support line. Because we have seen it retrace from this level in…
Resistance line breached by FTSE 100. This price has been tested at least twice before.
FTSE 100 has broken through a resistance line. It has touched this line at least twice in the…
Could a large bearish move on CAC 40 be a sign of things to come?
CAC 40 hits 6884.0 after a 15.93% move spanning 22 days.