Either a rebound or a breakout imminent on SPX500

Past performance is not an indicator of future results.
SPX500 is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of SPX500 to test 3347.0000 within the next 18 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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