SPX weekly Ichimoku cloudWeekly Kijun is right at 5,300, acting as a support.
On the weekly chart, the Ichimoku cloud should act as major support at 4,900/5,000.
Price already went through the daily Ichimoku cloud, a bearish sign we had not seen since the 2023 autumn. The daily Kijun, which acts as an anchor has also been traspassed to the downside, now remains at 5,380.