tradingichimoku
Short

Kumo resistance on SP1! on 4hr chart (2068)

CME:SP1!   S&P 500 Futures
On the Ichimoku 4hr chart, kumo resistance can be seen around 2068.

This correspond to the Tenkan sen and Kijun sen on the Daily chart .

It is likely that a breakout above 2068 will be difficult with the price level currently trading below the kumo; a sign of continuous bearish position for the swing traders.
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