Allaboutforex

Take the chance to rebuy the S&P 500!

Long
SP:SPX   S&P 500 Index
hi :)
This is Allaboutforex.
By focusing on swing and short-term trading, Ichimoku Cloud which i modified is a safe and profitable deal driven by trend trading.
Ichimoku Cloud has modified the default values to make it easier for me to capture the trend.
Let's start today's technical analysis!
Let's take a look at the chart.
(Trend)
Buying trend
(Sub Trend)
Waiting for Buy
The reason for the buying trend is that Tenkansen, the current short-term trend, made a golden cross between middle term trend line called kijunsen.
However, we do not buy it immediately because it is a Golden Cross.
It is likely to be a whipsaw.
you can Buy safety when macd line after crossing the 0 line.
In the wave theory, it aims at " rising, then re-rising. "
Prices are steady at zero. Again, it is a safe buying interval when recombing the zero line with the volume of transactions coming out.

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