Ichimoku Kinko Hyo S&P 500 forecast on April 28, 2017


The stock index S&P 500 is trading at the level of 2388.5. The S&P 500 is trading above the upper limit of the Iсhimoku Cloud, indicating an upward trend in the S&P 500. The fall of quotations of the exchange’s index near the level of 2376.0 is expected, from which one should expect an attempt to grow and develop the bullish trend on the stock exchange index near the level of 2404.0.

Ichimoku Kinko Hyo S&P 500 forecast on April 28, 2017

Ichimoku Kinko Hyo S&P 500 forecast on April 28, 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 variant of growth will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 2356.0, 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 S&P 500 index with a breakdown of the local maximum area at the level of 2396.0


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