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PAST
Index falls from $71 and the last three candles make a Stick Sandwich Pattern >> Link.
All signals unequivocally favor the Bulls, except for the above pattern.
Index perfectly touched the 141% Fibonacci retrace of the 'Last Bottom to Jan'2017 High'.
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All Signals expected to favor Bulls, with the exception of the Resistance at 141% Fibonacci.
Bears, hope for a pause and a move towards the Blue line.
Clearing the 141% Fibonacci ($71+) with the current momentum would be the Bull plan.
WRAP
Bears hope resistance at the 141% Fibo, will lead to more red.
Bulls seek to clear $71 after consolidation.
