S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Fibonacci 227 - Start of Week 2 of October 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 way above support, (Tenkan Sen - blue line) and Clears the Fibo 227%.

Bulls maintain Higher Highs and Higher Lows and close just above Fibo 227%.
Index above all the Ichimoku Signals.

Wrap: 
Index keeps above the Tenkan Se (blue line - 2485) with another ATH. 

Looking forward into this Week:

Bulls now seek to head towards 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 support at 2485 -  Another New All Time High; is the Bull plan.

Bears pray for a red Candle at least this week.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher High & 86.6% - Start of Week 2 of October 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 above the Tenkan Sen (Blue) and Kijun Sen (red) and reaches 86.6% of the previous High.
Tenkan Sen (Blue) and Kijun Sen (red line) close in for a cross or deflection.
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) deflecting - good for Bears.

Wrap:
Bears seek to get the index below the Tenkan Sen (blue), looking for a failure at the 86.6% mark to the last high.
Bulls after maintaining the Higher Low, seek to make a Higher High (above the May 2017, high).

Nifty (Asia India) - Ichimoku Weekly Study - Above the Blues - Start of Week 2 of October 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 closes above the Tenkan Sen (blue line), after taking off from support at the Kijun Sen (Red line - Center). 
Bulls retain honors for a Higher High and Higher Low (by a whisker).
A Three Outside Down Pattern is in place.


Wrap:
Index slips above the Tenkan Sen but a Three Outside Down Pattern  is  active.




Looking Forward into this Week:

Bulls want to restart the momentum and  reach the 162% Fibonacci, after the higher high and higher low.
Bears need to make a Lower Low and break the Kijun Sen (red line).

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10521).
Bears seek life below the Kijun Sen (9626) with help from the Three Outside Down Pattern,