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S&P500

$SPX . After 1347, what’s next?

Just a day after support level 1347 holds, the Tenkan sen is pointing to the risks ahead.

While the leading kumo has twisted, signaling a change in trend, the Tenkan sen is now pointing downwards.

It seems like 1360 will be the short term resistance and /ES may just pull back towards the kumo.

By iam802

Trend trading with Ichimoku