S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Channel Top and Pi - Week 4 of January 2018.

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PAST

Index touches the 2nd Channel Top and the 3.14 (Pi) retrace as shown at this time.

All Ichimoku Signals continue to favor Bulls.

NEXT

Supremely confident Bulls expect to brush off this resistance (Channel and 3.14) as they have in recent past.
Bears pray for these resistances to work to get some red on the screen.

WRAP

Index at the 314% Fibonacci  - Channel break is the Bull plan.

Bears get some Channel Top Resistance, seek life below the blue line.