Possible breach of resistance level by US Small Cap 2000 Index

US Small Cap 2000 Index is moving towards a resistance line 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 could see it reach 1799.1071 within the next 6 hours.

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