Ichimoku / Stock / Index / Future : SPX Market Update

  • Home
  • /
  • Blog
  • /
  • Ichimoku / Stock / Index / Future : SPX Market Update

We did not close the .886 Fib value at all. That seems to be a major resistance value. Right now, we are just consolidating back and forth with no movement in any direction.
Below is the technical chart. We have added the Gann Angles to see possibly when the consolidation may end.spx_9_26_07_d_.png
For EDUCATIONAL USE.    Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .