Either a rebound or a breakout imminent on S&P 500

S&P 500 is heading towards a line of 3846.8999. If this movement continues, the price of S&P 500 could test 3846.8999 within the next 11 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.

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