Short

US500 will fall from resistance

My forecast yesterday came true.
The price bounced off the support 3749.1 and rose.
US500 grow from support

Thus, the price continued to move in an upward trend.
This trend started with the support line in November 2020.
I expect the price to complete the rally and touch the resistance 3814.6.
This is the strong line of the summer of 2020.
The last breakout (false) was recently in early January.
In my opinion, this time the price will not be able to break the line.
I expect the price to fall to support.
The target is 3769.6.

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ForexshortTrend Analysisus500

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