The indicators are saying down. If the yellow fork is broken the red fork lays below. After that there is only the Chikou support near 1040.
Price has found resistance at the bottom of the Kumo. I expect Price may still break the bottom, and turn at the stronger area near the top of the Kumo.
Either way, The SPX will most likely open down, with a an upward reversal near 1072 after hitting the yellow tine. The target remains the green tine with a maximum expected high of 1085. Breaking the green fork beyond that level will send Price toward a new target in the 1105 - 1115 range.
Watch for the yellow and red forks to be broken. Breaking 1065 /ES will send the market much lower.
/ES - On course to the upper tine
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