Possibility of big movement expected on US Small Cap 2000 Index

US Small Cap 2000 Index has broken through a resistance line of a Falling Wedge and suggests a possible movement to 1736.1099 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 19 hours.

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