US500 to turnaround today?

US500 - Intraday

Price action has formed an expanding wedge formation.
The medium term bias remains bullish.
Trend line support is located at 4145.
Trend line resistance is located at 4345.
A break of 4172 is needed to confirm follow through bullish momentum.

We look to Buy a break of 4172 (stop at 4132)

Our profit targets will be 4272 and 4292

Resistance: 4172 / 4257 / 4345
Support: 4145 / 4127 / 4100

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