SP500 Buy the dip! Take profits above $2950.
Ichimoku Extended.
CK hitting resistance at previous price action with resistance directly ahead, volatility ahead, Either it sits low and down through tomorrow for the line to to cross under price action giving upward mobility limited by price action above or it avoids the price action to the upside using the previous price as support (this is the scenario I'm expecting).
Cloud below does leave some downside room, while i do think that another leg down is coming to complete the 5+2 impulse pullback I am expecting a retrace here for a nice bull trap (be ready to get out).
CK hitting resistance at previous price action with resistance directly ahead, volatility ahead, Either it sits low and down through tomorrow for the line to to cross under price action giving upward mobility limited by price action above or it avoids the price action to the upside using the previous price as support (this is the scenario I'm expecting).
Cloud below does leave some downside room, while i do think that another leg down is coming to complete the 5+2 impulse pullback I am expecting a retrace here for a nice bull trap (be ready to get out).
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