Home > heikin-ashi > Why the market is still bullish $SPX $SPY $DIA $DJIA #markets #equities #trendfollowing

Why the market is still bullish $SPX $SPY $DIA $DJIA #markets #equities #trendfollowing

December 7, 2016

S&P-500 bake-ashi chart – Daily

  • Bullish

 

S&P-500 heikin-ashi chart – Daily

  • (+) Chikou-span is above the price
  • (+) haOscillator broke above its downtrend resistance

 

S&P-500 heikinashi chart – Weekly

  • (+) Chikou-span is above the price
  • (-) Temporary top

 

 

S&P-500 heikin-ashi chart – Monthly

  • (+) Chikou-span is above the price
  • (+) Price is above all Ichimoku components
  • (!) haOscillator displays a sign of more S&P 500 advance

 

 

 

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