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

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Holding Higher High - Start of Week 2 of Nvember 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 all Ichimiku Supports.
Tenkan Sen (Blue) and Kijun Sen (red line) cross.
Chikou Span, pole vaults above the Price Line (left).

Wrap: 
Index above all the signals on the screen - Bulls consolidate the Higher High.
 



Looking Forward into this Week:

Deflecting (left) of the Chikou Span and Price Line gives advantage to the Bulls.
Bears now hope for a retreat to the blue Tenkan Sen Line.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:
Bears after slowing the momentum, seek to get the index below the Tenkan Sen (blue).
Bulls after making a Higher High, aim for the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Target Zone - Start of Week 2 of November 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 at the target zone 10500+. 
Bulls retain honors for a Higher High and Higher Low.
Ichimoku Signals all move up in concert.


Wrap:
Index takes off above the Tenkan Sen and is near target the Fibonacci 162% (of last major Hi Lo) marked above.




Looking Forward into this Week:

Bulls want to keep up the momentum and  reach the 162% Fibonacci, after the higher high and higher low.
Bears need to make a Lower Low and head towards the Tenkan Sen (blue line).
The Bears expect the index to get shy near the target and hope for a red week. 

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears pray for a pause or deliberation in the Target Zone.