Kumowizard
Short

SP500 - Questions for the "swinger club"

FX:SPX500   S&P 500 index of US listed shares
166 0 3
Weekly:
- Trend is still bullish . The only question is if this bull has enough power to go above 2110, or will fail and then Price dips back to 1970-200 area?
- Heikin Ashi candle looks bullish , but it is only Tuesday. The week can still bring a change in the final candle.
- Ultimate bullish supports on the lower side: 1970-200 area, and 1900.

Daily:
- Ichimoku setup is trying to turn into bullish , butto confirm Price should make a higher close above 2110!
- Question: is it a longer term bearish wedge being built on this market? Anyhow, the problem for the members of the SP500             swinger club's bulls would start below 2050. Price below that means no more V-Agra, no more buying... etc.
- Heikin Ashi signals a possible pause or reversal after the hardly acheieved few days bullish move. This momentum may get tired again. You know, the older a man is in the swinger club... not an easy job without further help.

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