Tuesday, March 20, 2018

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Lower High - Week 3 of March 2018.








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PAST

Index goes red after making a lower High.
Bears attempt to take out the Tenkan Sen (blue) at this time.


NEXT

Bulls after stalling at the 300% Fibonacci and allowing a Lower High, now want to prevent a Lower Low.
Bears want to get below the red and blue lines.


WRAP

A lower low and 2634 to start with. is the Bear plan.
Bulls seek support at the blue Tenkan Sen.