Stock index S&P 500 completes the trading week at the level of 2461.6. The S&P 500 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the S&P 500. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2460.0, from which it is expected to try to grow and develop the bullish trend of the S&P 500 exchange index for growth near the level of 2520.0.
S&P 500 weekly forecast on September 11 — 15, 2017
Earlier, we received a weak signal for sales of the stock exchange index S&P 500, due to the crossing of signal lines at the level of 2460.0. Cancellation of the variant of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 2440.0, which will indicate a change in the bullish trend in favor of the bearish 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 2500.0.
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