SPX500 has broken through resistance

Past performance is not an indicator of future results.
SPX500 has broken through the resistance line of a Pennant. It has touched this line at least twice in the last 6 days. This breakout indicates a potential move to 2910.8751 within the next 18 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.