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Breach of support could mean a start of a bearish trend on United Technologies Corp.

United Technologies Corp. has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of United Technologies Corp. to test 133.75 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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SPX500 is quickly approaching 2993.7500. We expect either a breakout through this line, or a rebound.

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