Brent Oil - Ichimoku Weekly Chart Study - Stick Sandwich Bears Honey - Week 2 of February 2018.

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PAST

Index dives to $62 as Bears get their Honey, from the Stick Sandwich Pattern >> Link.

Bulls find support near the Kijun Sen (Red Line).

Brent manages to keep above the 'Higher Low' with this close.

NEXT

Bulls, pray they can maintain the Higher Low and resume the up-move from here.

Bears, want life below the red line for starters.

WRAP

Bears hope the momentum of the fall, will lead to more red and life near the Kumo ($50).

Bulls seek to use the current support to get back above the Tenkan Sen (Blue Line). 

Nifty (Asia India) - Ichimoku Weekly Study - Engulfed by Channel Resistances - Start of Week 2 of February 2018

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PAST

Index falls back to support at the 162% Fibonacci (of the 2015 low to 2016 high) after being sent back by the Channel Resistances shown.

Index attempts to keep above the Blue Tenkan Sen Support (10626), at this point in time.

NEX

Bulls hope to stop falling at the cluster of support lines shown.

Bears want to force a lower low after breaking the red support line (10434) above.

WRAP

Bulls seek to use current support, to keep above the Tenkan Sen and target the 200% Fibonacci once again.

Bears, after the Channel resistances gave them a massive red candle, now seek to make a lower low (sub 10033).

Brent Oil - Ichimoku Weekly Chart Study - Stick Sandwich on Top - Week 2 of February 2018.

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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'.

NEXT

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. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Channel Top Stop - Week 1 of February 2018.

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PAST

Index cleared the channel line, last week but is currently below it as shown.

All Ichimoku Signals continue to favor Bulls.

NEXT

Bulls seek to close the week back above the Channel line.
Bears pray for the resistances to work to keep the red on the screen.

WRAP

Index at the Channel Line, clearing it, is the Bull plan.

Bears get some Channel Top Resistance, seek life below the 300% Fibonacci.

Nifty (Asia India) - Ichimoku Weekly Study - Opening White Marubozu - Start of Week 1 of February 2018

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PAST

Index keeps above support at the 162% Fibonacci (of the 2015 low to 2016 high) with another All Time High (ATH).

Index keeps above the Blue Tenkan Sen Support line following the Closing White Marubozu with a Opening White Marubozu.

NEX

Bulls seek to use the current continuation signals to make a dash to another new All Time High.

Bulls want to make another Higher High, a new ATH and maintain the major wave 'Higher High - Higher Low'.

WRAP

Bulls seek to use current signals, to keep above the Tenkan Sen and target the 200% Fibonacci as marked.

Bears seek to use the Channel resistances, to get into the game.