SPX500 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 3372.9547 can be expected within the next 9 hours.
Related Posts
FTSE 100 is approaching 8588.2900. We expect either a breakout through this line, or a rebound.
The movement of FTSE 100 towards 8588.2900 price line is yet another test of the line it reached…
A possible move on NAS 100 as it heads towards resistance
NAS 100 is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times…
NAS 100 likely to test 21638.8027 in the near future. Where to next?
NAS 100 is about to retest a key horizontal resistance level near 21638.8027. It has tested this level…