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There is a possibility of a big movement on US30 after a breach of the resistance

US30 has broken through a resistance line of a Channel Down and suggests a possible movement to 33187.2505 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 23 hours.

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Important price line being approached by E-mini S&P 500 MARCH 2022. This price has been tested numerous times before.

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