Ichimoku Kinko Hyo S&P 500 Forecast on May 9, 2017


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The stock index S&P 500 is trading at the level of 2399.0. The S&P 500 continues to trade above the upper limit of the Ichimoku Cloud, which indicates an upward trend in the S&P 500. The stock index is expected to fall near the level of 2390.0, from which it is expected to try to grow and develop the bullish trend at the stock index near the level of 2410.0.

Ichimoku Kinko Hyo S&P 500 Forecast on May 9, 2017

Ichimoku Kinko Hyo S&P 500 Forecast on May 9, 2017

Earlier, a strong signal was received for the purchases of the stock exchange index S&P 500, due to the intersection of signal lines at the level of 2387.0. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 2377.0, which will indicate a change in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the stock exchange index S&P 500 is with the breakdown of the local maximum area at the level of 2403.0.


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