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SPX500 – breach of price line thats been previously tested numerous times before

SPX500 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a target line to be around 3269.1001 within the next 2 days.

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