SPX - 5/18/2020
SPX - A big jump from last Friday opened a big gap 2,857 - 2,928 to fill later. Ichimoku 2H shows that we are in the green cloud that buyers are more than sellers, a small red cloud ahead will be some people taking chips off the table by 6/1. Stay inside the cloud means volatile prices for awhile. SPX tested 0.5 fib retracement at 2,792, but it didn't straightly go to 0.328 2,650 shows that the sentiment suggests SPX will go up to 3,000 very soon.
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