S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Bulls Fly - Start of Week 2 of November 2017.

Zoom into chart .. Click 

Introduction / Primer to Ichimoku can be read at this link (click).

Learning from the Earlier Study: (click here for the previous post)

Index stays way above support (i.e. Tenkan Sen - blue line) and nears the Fibo 262% as marked.

Bulls maintain Higher Highs and Higher Lows and close just below the Channel resistance.
Index above all the Ichimoku Signals.

Wrap: 
Index gets another green candle above Support i.e. the Tenkan Sen (blue line) with another ATH. 

Looking forward into this Week:

Bulls now seek to reach the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.

Getting a red candle to start with, is the Bear Plan. 

Wrap:
Index above all supports -  Another New All Time High; is the Bull plan.

Bears pray for a red Candle headed below 2550, and resistance near the Channel Top.