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bearish technical pattern on US500 30 Minutes

Vantage Vantage Plus Research Team Apr 25, 2024

US500 has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we may see the price of US500 testing 5012.9900 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.

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