Just poking its head out of the trend line.
There has been a TK cross below the cloud which is a weak bullish sign. Sitting in the cloud now above the tenkun-sen.
It would be great to close the day above these points. The cloud is thinning out and looking close to turning green.
Maybe a cup and handle in the works?
Still a while before we can say a "trend reversal' but it is heading in the right direction.
if anyone wants to learn, google ichimoku. It is a great indicator.
SP Trading Views, page-62
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