The stock index S&P 500 is trading at the level of 2350.4. The S&P 500 is traded inside the Ichimoku Cloud, indicating a side trend in the S&P 500. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 2342.0, from which it is expected to test the upper boundary of the Ichimoku Cloud near the level of 2351.0.
Ichimoku Kinko Hyo S&P 500 forecast on April 24, 2017
Earlier, a weak signal was received for the purchases of the stock Index S&P 500, due to crossing of the signal lines at the level of 2343.0. Consider buying is worth breaking through the upper boundary of the Ichimoku Cloud and closing quotes above the level of 2357.0, in the case of breaking through the lower boundary of the Ichimoku Cloud, we should expect the continuation of the downward trend in the S&P 500.
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