SPX500 has broken through the support line of a Support. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 3294.6750 within the next 10 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
US 500 heading towards a price it has tested 4 times in the recent past.
A strong resistance level has been identified at 5632.2500 on the 30 Minutes US 500 chart. US 500…
Because CAC 40 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Rising Wedge detected on CAC 40 – the pattern is an emerging one and has not yet…
After testing 41365.8906 numerous times, DOW 30 is once again approaching this price point. Can we expect a bearish trend to follow?
DOW 30 is en route to a very important line that will be a definite deciding factor of…