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
One reply on “S&P500 (SPX) : Ichimoku chart, 5min and 1hr shows support”
Support is broken.
Continue down. No space or breather for new shorts to come on board.