My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 29, 2014
S&P 500 Futures chart update
Hourly chart continues its trending move above the Ichimoku cloud.
Price is staying above 50 Day SMA.
Hope for bears in the Resistance levels shown in first chart. Weakness here may lead to a correction. But first Hour chart needs to break below the cloud for a possible bearish trade to happen.
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