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S&P500

$SPX : Support 117

I am expecting that the $SPX will retrace first before breaking out of the kumo.

If it retrace, I am looking for an entry around 1177.

From the Ichimoku chart, we can see that 117 is where the Tenkan sen and Kijun sen are close together; suggesting that the support level may be stronger there.

By iam802

Trend trading with Ichimoku