Archive for Cloud
Ichimoku Cloud Chart S&P500
Posted by: | CommentsFollowing on from my post 3 months ago on September 6th 2009, I summarized that
“The market participants have not fully committed to a Bull Market yet, although the recovery since March 2009 has been impressive. An exit from the Ichimoku cloud upwards will be seen as a very positive sign. This perhaps explains why at this very time the market seems to be volatile. It is decision time and only the market will tell us the way”.
Using the Ichimoku Cloud to forecast the market direction.
Posted by: | CommentsAre you wondering where the market is heading? At this point in time it is worth deciding where you stand. Are you Bullish, Bearish or undecided?
A really excellent tool for helping visualize a what stage the market is in, is the Ichimoku Cloud.
Details of the Ichimoku Cloud Theory can be found on the web. The Society of Technical Analysts have good information on reading and understanding the Ichimoku Charts here.







