$SPX . Doji and bounce off.

Following up on my previous post that an Ascending Triangle is forming.

Yesterday’s price action has give us a confirmation that the price level has bounce off the Tenkan sen which is near the trendline of the triangle.

On top of that, we have a doji formed.

This is a good setup and the next move will be to see if it pierce through the kumo on the Ichimoku chart for a year end rally.

By iam802

Trend trading with Ichimoku