S&P 500: Tenkan sen – Kijun sen cross

2 things to watch on the S&P 500 chart.

With the rally started on March 20, the market is seeing resistance

  1. The Tenkan sen and Kijun sen has cross as of 23 June; a potential reversal of this short-lived rally
  2. A letter ‘h’ is forming suggesting imminent sell-down if the support at 3016 does not hold.
Categorized as S&P500

By iam802

Trend trading with Ichimoku