Home > heikin-ashi > Next reaction? A dead cat bounce $SPX #markets #stocks #trading #trendfollowing

Next reaction? A dead cat bounce $SPX #markets #stocks #trading #trendfollowing

October 14, 2014

S&P 500 ($SPX) daily

  • Any reaction will be short-lived. Too damaged.

 

$SPX heikin-ashi and Ichimoku daily chart

 

S&P 500 ($SPX) weekly

  • Serious violation of the long-term trend.
  • Caution: Chikou-span is near the price.

 

$SPX heikin-ashi and Ichimoku weekly chart

 

S&P 500 ($SPX) monthly

  • Still bullish. Above all clouds.
  • All eyes on haDelta (lower pane).

 

$SPX heikin-ashi and Ichimoku monthly chart

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