Important price line being approached by SPX500. This price has been tested numerous times before.

SPX500 is moving towards a line of 3155.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If SPX500 continues in its current trajectory, we can expect it to reach 3155.0000 within the next 3 days.