Mrpips

Ichimoku S&P500 weekly

INDEX:SPX   The Standard&Poor's Index
20 0 0
Weekly candle closed as a bullish candle but still within the weekly Cloud. A bearish Tenkan/Kijun cross remains open but I would want to see a sustained bearish move below the Cloud to support bearish sentiment. Note how the weekly Cloud remains aligned along the key 2,000 level.
Comment: The weekly candle closed as a small bullish ‘Spinning Top’ candle but still above the weekly Cloud. I would want to see a sustained bearish move below the Cloud to support bearish sentiment. Note how the weekly Cloud remains aligned along the key 2,000 level
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