S&P500 (SPX) : Price action of /ES for the last 2 days

Despite ending the day on a positive note, there is a need to exercise caution.

Just take a look at how the /ES close for the last 2 days.

Clearly, we can see that the last hour action has been a fairly aggressive move down from the day’s high.

By iam802

Trend trading with Ichimoku