SPX500 is heading towards the resistance line of a Falling Wedge. If this movement continues, we expect the price of SPX500 to test 2799.0000 within the next 20 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
Nikkei 225 is approaching 38585.0000. We expect either a breakout through this line, or a rebound.
Nikkei 225 is moving towards a support line. Because we have seen it retrace from this level in…
There is a possibility of a big movement on Nikkei 225 after a breach of the support
Nikkei 225 moved through the support line of a Channel Up at 39983.92307692308 on the 1 hour chart.…
Nikkei 225 – breach of price line that’s been previously tested numerous times before
The price of Nikkei 225 in heading in the direction of 40060.0000. Despite the recent breakout through 40280.0000…