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ProLogis Trust ($PLD): Right at edge of kumo

PLD has fell over the last few days with the general market.

Currently, it is sitting right on the Kijun sen support which conincides with the kumo support as well.

The price action for PLD seems muted today. Despite a rise of about 1% in /ES, PLD price range is pretty narrow.

Given the price-action, there is a chance that PLD support at around $34 may not hold.

Note:

PLD is due to give earnings on July 28.

By iam802

Trend trading with Ichimoku