$SPX . Ichimoku Tenkan sen resistance

Having bounce off 1289 (or kumo support on Ichimoku Weekly Support), /ES is now hitting the resistance level from Tenkan sen .

At this moment, it remains a bearish trade from the Ichimoku chart.

With price level close to the resistance level, it represents a good entry for a short with a stop-loss just above the Kijun sen.


By iam802

Trend trading with Ichimoku