The stock index S&P 500 is traded at the level of 2375.1. The S&P 500 broke through the Ichimoku Cloud and traded above its upper limit, indicating an upward trend in the S&P 500. It is expected to test the area of signal lines near the level of 2360.0, from which one should expect an attempt to grow and develop a bullish tendency for a pair near the level of 2390.0.
Ichimoku Kinko Hyo forecast S&P500 on April 25, 2017
Earlier, a weak signal was received for the purchases of the S&P 500 Exchange Index, due to crossing of the signal lines at the level of 2343.0. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 2350.0, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the Exchange’s index S&P 500 stands with the breakdown of the local maximum area at the level of 2380.0.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
