S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Double Top - Week 2 of September 2018.

Introduction & Primer to Ichimoku can be read at this link > click.

 

PAST

Index after breaking out above the Kijun Sen (red line) struggles near the Fibonacci 327%-341%. 
The 'Chikou Span' (left) stays above the Price line.

NEXT

Bulls, 'trend on' if  they can stay above the blue 'Tenkan Sen' support.
Bears seek make a Double Top.

WRAP

A Double Top is the current Bear Plan, staying below the Blue line, critical for the same.

Bulls seek to stay above the blue 'Tenkan Sen', and 'Trend on' to a new All Time High.