I track the S&P 500 often and I have a keen eye with Ichimoku Cloud. The key part to focus on is the narrowing of the cloud in relationship to the price action which is squarely perched in a zoned of solid resistance predicated by the pivot points. This area is great and ripe for a short!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.