SP500 Analysis from Ichimoly Stand point
440 companies have already given their financial results. For now, there are no reasons for a sell off on the US Equities. Jobs & Tech are wealthy.
Price will climb up to retest former higher price levels.
Kijun is a reliable resistance level as illustrated on the graph.
After retest, pullback to the thin blue line where buyers came in.
Then, price might break up to search for higher price level such as 2740 and 2789.
Price will climb up to retest former higher price levels.
Kijun is a reliable resistance level as illustrated on the graph.
After retest, pullback to the thin blue line where buyers came in.
Then, price might break up to search for higher price level such as 2740 and 2789.
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