S&P500 (SPX) : Ichimoku chart, 5min and 1hr shows support

On the Ichimoku 5min chart, we can see that there is support forming and identified by the Chikou Span.

Over at the 1hr chart, there is a kumo support.

Let’s see if these provide enough strength to support the free fall on the news of SEC charging Goldman.

5min chart

1hr chart

By iam802

Trend trading with Ichimoku

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