IntercontinentalExchange Inc. (ICE) : Chikou Span cuts price. Watch the Support

ICE just had the Chikou Span cutting the price level.

Currently, it is sitting right on top of the kumo. Given the trading range of the stock, it can cuts through the kumo support within 1 trading day.

And if it does breaks through the kumo, high chance the Tekan sen – Kijun sen will have a bearish cross (a very strong bearish signal couple with price going under kumo).

By iam802

Trend trading with Ichimoku