S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji on Support - Start of Week 4 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 bounces off support (i.e. Tenkan Sen - blue line) and makes a Doji candle.

Bulls maintain Higher Highs and Higher Lows but end up with an uncertain Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index trades a Doji candle, but above Support i.e. the Tenkan Sen (blue line), ranging week.

Looking forward into this Week:

Bulls again would seek to reach the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make an impact.

Getting a red candle and getting below the Tenkan Sen, is the Bear Plan. 

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

Bears pray for red and life below the critical 2550.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Holding at Support - Start of Week 4 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 slides to take support exactly at the Kijun Sen (red line).
Tenkan Sen (Blue) above the Kijun Sen (red line).
Chikou Span, below the Price Line (left).

Wrap: 
Bulls maintain the Higher High. Bears repeat Red Week.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span above the Price Line will give the advantage to the Bulls.
Bears now hope for a retreat to the Kumo.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:
Bears after slowing the momentum, and getting more red on the screen, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, want the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Blue Line Holds - Start of Week 4 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 continued its retreat from the target zone 10500. 
Bulls retain Higher High and Higher Low.
Perfect Support, at the Tenkan Sen, sends the index above the lows of the week.


Wrap:
Index retreats near target zone, the Blue line (Tenkan Sen), was perfect Support.




Looking Forward into this Week:

Bulls want to use the take off from support, to reach the 162% Fibonacci, after the higher high and higher low.
Bears seek to make a Lower Low and head below the Kijun Sen (red line).


Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears hope to build on the two red candles and make a lower low..