Brent
In the H4 chart, after breaking 5/8, Brent is trading above it. In this case, the price is expected to continue trading upwards to reach the next resistance at 6/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may continue falling towards the support at 4/8.
As we can see in the M15 chart, the asset has broken the upside line of the VoltyChannel indicator and, as a result, may continue the ascending tendency towards 6/8 from the H4 chart.
S&P 500
As we can see in the H4 chart, the Index has rebounded from the resistance at 8/8. In this case, the price is expected to resume falling to reach the support at 7/8. However, this scenario may no longer be valid if the price breaks 8/8 to the upside. After that, the instrument may continue growing towards the resistance at +1/8.
In the M15 chart, the asset may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.
