Stock index S&P 500 is trading at the level of 2346.9. The S&P 500 continues to trade below the lower limit of the Ichimoku Cloud, indicating a downward trend in the S&P 500. A test of the signal line area near the level of 2356.0 is expected, from which it is expected to try to fall and develop a bearish trend in the S&P 500 stock index with a view to lower near the level of 2313.0.
Ichimoku Kinko Hyo S&P 500 forecast on March 27, 2017
Earlier, a medium strength signal was obtained for the sale of the S&P 500 Stock Index, due to intersection of the signal lines at the level of 2373.0. Cancellation of the decline option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotes above the area of 2370.0, which indicates a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in quotations of the Exchange’s S&P 500 index with a breakdown of the local minimum area at the level of 2345.0.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
