Quick Technical Overview - S&P 500: ranging breakdown

Quick Technical Overview - S&P 500: ranging breakdown

15 December 2015, 06:37
Sergey Golubev
0
119

Ichimoku analysis.
Daily price is located inside Ichimoku cloud for the ranging breakdown: the price broke support lines on the way to downtrend to stop near 2006.68 support level and 'reversal' Senkou Span line which is the virtual border between the primary ebarish and the primary bullish trend on the chart. If the price breaks 2006.68 support to below so we may see the bearish reversal to be started, otherwise - ranging market condition.

Resistance
Support
2090.422006.68
2116.27
N/A

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