E-mini S&P 500 SEPTEMBER 2019 is quickly approaching the support line of a Rising Wedge. We expect either a breakout through this line or a rebound.

E-mini S&P 500 SEPTEMBER 2019 is heading towards the support line of a Rising Wedge. If this movement continues, we expect the price of E-mini S&P 500 SEPTEMBER 2019 to test 2922.7500 within the next 9 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 just like it did in the past.