CHART-III
- It turned out to be another false breakout.
- Break of the support line will favour bears
CHART-II
- ES has given a breakout from the ascending triangle shown below.
- IF sustains above 1182 will target 1190 and 1200 soon.
CHART-I
- S&P 500 Futures is showing an ascending triangle pattern.
- Index has again found resistance at 1182 area. But Price is converging towards the apex of the triangle pattern which will give direction soon.
- S&P 500 ANALYSIS AFTER CLOSING BELL
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