S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Dodgy Doji - Week 2 of August 2017.

Zoom into chart .. Click 

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

Learning from last Week:  (click here for the previous post)

Index again makes a Doji (read indecision) above the 200% Fibonacci retrace of the July 2015 High to the February 2016 Low (Last major Hi-Lo). 

Bulls kept it well above the Tenkan Sen (Support) last week.

Wrap: 
Bulls again ponder the next move, staying above the 200% Fibonacci, of the last Major Hi-Lo.

Looking forward into this Week:

Bulls now seek to reach the 213% Fibonacci retrace of the Last major Hi-Lo. 
Bears hope to get below the Tenksn Sen (Blue Line)

Index Support and Resistance possibilities, are marked above. 

Wrap:
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace.
Bears seek to take the index below the Tenkan Sen using the current indecision.