S&P 500 - psychological price line breached

S&P 500 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 11 days and suggests a possible target level to be around 3930.9299 within the next 2 days.
Not investment advice. Past performance does not guarantee or predict future performance.
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