S&P 500 (SPX) : Ichimoku Chart Reading as of Oct 27, 2009

The index has been falling for the past few days. However, up till now, there is still NO CONFIRMATION of a BEARISH move. On the Daily Chart, we can see that yesterday’s close is sitting on top of the Kijun sen at 1060 Further down, another support is at 1048 (or 1050). On the Weekly… Continue reading S&P 500 (SPX) : Ichimoku Chart Reading as of Oct 27, 2009