The 2nd cloud in the Ichimoku indicator (composed of the Base Line and Conversion Line) tells us that *when the price enters the range, it's bound for change.* S&P500 recently rallied. Now it's settling down according to these cloud calculations.
https://docs.google.com/document/d/1NlIExphMe1PvL5OcDqI2KmH_Sv3RCyMi7_9QCAVYRcI/edit?usp=sharing
Beyond Technical Analysisforecastichimmokuichimokuchartichimoku_traderTechnical IndicatorsnewstradingSPX (S&P 500 Index)Trend Analysis

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