⚠️ US500 fall after trend breakout
The price has been moving in a growing channel since December 2018.
After a long breakout, the price returned to the channel in November 2020.
In January 2021, a new uptrend began.
Moving in it, the price broke through the main trend at point 4016.1.
Then it continued to grow and came to the resistance 4117.1.
I expect that the price will fall to the border of the turn = support from the resistance.
The target is 4032.4.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
After a long breakout, the price returned to the channel in November 2020.
In January 2021, a new uptrend began.
Moving in it, the price broke through the main trend at point 4016.1.
Then it continued to grow and came to the resistance 4117.1.
I expect that the price will fall to the border of the turn = support from the resistance.
The target is 4032.4.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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