S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Above the Blues - Week 1 of September 2017.

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

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

Index soars above the Tenkan Sen (2452). 

Bulls keep the Higher Low (2406+) in the series of minor Higher Highs and Higher Lows seen.

Wrap: 
Index above the blue line (2452).

Looking forward into this Week:

Bulls now seek to keep, well above the Tenkan Sen (Blue). 
Bears need to get below the Kijun Sen (2406 - Red Line) to make a lasting  impact.

After Defending the Higher Low, making a higher high, is the Bull plan. 

Wrap:
Index above support at 2452 - Break of this is the  Bear Hope.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher Low? - Week 1 of September 2017.

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

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

Index stays below the Tenkan Sen (Blue) last week, dives towards our mark 4980 and closes keeping a higher low.
Tenkan Sen (Blue) and Kijun Sen (red line) cross bearishly.
Chikou Span, near the Price Line (left).

Wrap:
Index again closes below the blue line - Tenkan Sen. 
 



Looking Forward into this Week:

Bears look forward to some down move after making a near Hammer Candle last week.
Senkou Span A&B converging (Right) is Bear Hope.
A bearish cross of the Tenkan Sen and Kijun Sen (Centre) - gives Bears Hope.

Wrap:
Bears seek to keep the index below the Tenkan Sen (blue).
Bulls after preventing a Higher low by keeping the action above 4980, look to strike higher.