US500 will fall from resistance
My forecast yesterday came true.
The price bounced off the support 3749.1 and rose.
Thus, the price continued to move in an upward trend.
This trend started with the support line in November 2020.
I expect the price to complete the rally and touch the resistance 3814.6.
This is the strong line of the summer of 2020.
The last breakout (false) was recently in early January.
In my opinion, this time the price will not be able to break the line.
I expect the price to fall to support.
The target is 3769.6.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The price bounced off the support 3749.1 and rose.
Thus, the price continued to move in an upward trend.
This trend started with the support line in November 2020.
I expect the price to complete the rally and touch the resistance 3814.6.
This is the strong line of the summer of 2020.
The last breakout (false) was recently in early January.
In my opinion, this time the price will not be able to break the line.
I expect the price to fall to support.
The target is 3769.6.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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