S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Another ATH - Start of Week 1 of October 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 above support at the Tenkan Sen and Clears the Fibo 213%.

Bulls maintain Higher Highs and Higher Lows and make another new All Time High(ATH).
Index above all the Ichimoku Signals.

Wrap: 
Index keeps above the blue line (2470) with another ATH. 

Looking forward into this Week:

Bulls now seek to crack the 227% Fibonacci.
Bears need to get below the Kijun Sen (2425 - Red Line) to make a lasting  impact.

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

Wrap:
Index above support at 2470 -  Another New All Time High is the Bull plan.

Bears pray for a red Candle this week.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher High? - Start of Week 1 of October 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 above the Tenkan Sen (Blue) and Kijun Sen (red) and continues above the August 2015 Top.
Tenkan Sen (Blue) and Kijun Sen (red line) remain crossed bearishly.
Chikou Span, stays above the Price Line (left).

Wrap: Index above all the signals on the screen - Headed to the Fibo 113% as marked.
 



Looking Forward into this Week:

Deflection (left) of the Chikou Span and Price Line gives advantage to the Bulls for now.
Failure to make a High above the May 2017 High, (Left) is Bear Hope.
Tenkan Sen (Blue) and Kijun Sen (red line) remaining crossed bearishly - good for Bears.

Wrap:
Bears seek to get the index below the Tenkan Sen (blue) after a failure to make a higher high.
Bulls after maintaining the Higher Low, seek to make a Higher High (May 2017).