Tuesday, December 28, 2021 7:11 AM EDT
US500 has formed a 3 point breakout and it’s expected to go higher.
Point A is the order block and we can spot a drop from the level straight to point B at 4531. The breakout above 4753 is bullish and the first target 4783 has been hit. New highs are possible and targets are 4809, 4829 and 4841. If the market manages to close above 4841 then 4861 is next.
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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