Kumowizard
Short

SP500 - Slow motion, swing sell

FX:SPX500   S&P 500 index of US listed shares
216 0 2
Weekly:
- not much change, Ichimoku setup still bullish , Kijun Sen catching up to price
- Heikin Ashi signal is bullish
- Price still trades within the wedge

Daily:
- Ichimoku setup is bullish , but watch the Kumo, as due to very low past volatility , the cloud is very thin now below price.
- Heikin Ashi candle yesterday signalled some exhaustion of bullish price action. today candle confirms we may see some pull back. Question is if haDelta/SMA3 can stay above zero or not?
- We had (have) some swing sell opportunity, but we don't know now how deep the price can correct.
Very important supports for bulls: 2100 ( wedge and Kijun Sen) and 2080 +/- (Kumo bottom and horizontal key level).
The real problem for perma bulls would start only below 2060 (weekly Kijun Sen)... hmm is that far away?
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out