Breach of support line imminent by US Small Cap 2000 Index

US Small Cap 2000 Index is moving towards the support line of a Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If US Small Cap 2000 Index continues in its current trajectory, we can expect it to reach 2226.5200 within the next 20 hours.

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