“I believe Hillary will not be indicted because that would immediately put Obama on the witness stand.”
What’s to stop Obama from pardoning her before the process reaches that stage?
Remember that Gerald Ford pardoned Nixon before charges could be brought.
If your “pardon Hillary” scenario occurred, that would mean the first witness to be called, (Obama), he would be the one that pardoned her. But that would be after an indictment or trial.
That would be total chaos in every direction and I can assure you her run for the presidency would be over for starters.