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DOW NASDAQ Russell 2000 S&P500 TA

Trading Ichimoku Trend Table : June 2

Here’s my reading of the various indices based on Ichimoku

TrendDOW Jones (DJIA)S&P 500 (SPX)NASDAQ (COMPQ)Russell 2000 (RUT)
Long Term (Kumo)DownDownDownDown
Intermediate (Kijun Sen)DownDownDownDown
Short Term (Tenkan Sen)UpUpUpUp

Notes:

1. If price level is above kumo, it is considered UP or bullish and vice versa.

2. If price level is above Kijun sen (the trend line), it is considered UP or bullish and vice versa

3. If price level is above Tenkan sen, it is considered UP or bullish and vice versa.