US500 will rise to resistance and fall
Since November last year, the price has been in a stable upward trend.
Both lines (support and resistance) were also formed in November.
The price began to rise after it plummeted in October.
During this time, only false breakouts occurred.
Last week the price came to the resistance (upper channel line) 3864.5.
The price started to fall from this line, but started a correction.
I expect the price to consolidate at the 3888.6 resistance first.
Then it will fall to support.
The goal is 3804.2.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Both lines (support and resistance) were also formed in November.
The price began to rise after it plummeted in October.
During this time, only false breakouts occurred.
Last week the price came to the resistance (upper channel line) 3864.5.
The price started to fall from this line, but started a correction.
I expect the price to consolidate at the 3888.6 resistance first.
Then it will fall to support.
The goal is 3804.2.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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