Past performance is not an indicator of future results.
SPX500 is heading towards the support line of a Channel Down. If this movement continues, we expect the price of SPX500 to test 2862.5000 within the next 10 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.
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