The stock index S&P 500 is trading at the level of 2396.3. The S&P 500 continues to trade above the upper limit of the Ichimoku Cloud, indicating an upward trend in the S&P 500. A test of the upper boundary of the Ichimoku Cloud near the level of 2390.0 is expected, from which it is expected to try to grow and develop a bullish trend at the exchange index near the level of 2416.0.
Technical analysis S&P 500 & forecast on May 11, 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 2388.0. 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 2381.0, which will indicate a shift 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 2408.0.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
