TradingView
Kumowizard
Oct 24, 2016 2:17 PM

Bullish? Prove it, otherwise I don't see much upside potential.  

S&P 500 index of US listed sharesFXCM

Description

Until price holds below 2155-2160, this resistance zone has to be considered as an area where we have to look for next sell signal.

- Ichimoku absolutely neutral, but Tenkan and Senkou-A point down.
- Heikin-Ashi is swing bullish, but will bulls have power to push it above 2160 (on close) ?
- Even if it goes higher, there is quite a lot of resistance ahead of Chikou Span! It means a lot of job should be done to force it above 2180.
- EWO is still bearish
Comments
mulleman.kurt
I agree with you, big resistance ahead. We have to be patience that there is confimation to go Long.
More