Monday, November 20, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji on Support - Start of Week 4 of November 2017.






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Introduction / Primer to Ichimoku can be read at this link (click).



Learning from the Earlier Study: (click here for the previous post)

Index bounces off support (i.e. Tenkan Sen - blue line) and makes a Doji candle.
Bulls maintain Higher Highs and Higher Lows but end up with an uncertain Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index trades a Doji candle, but above Support i.e. the Tenkan Sen (blue line), ranging week.



Looking forward into this Week:

Bulls again would seek to reach the 262% Fibonacci.

Bears need to get below the Kijun Sen (Red Line) to make an impact.
Getting a red candle and getting below the Tenkan Sen, is the Bear Plan. 


Wrap:
Index above support -  Another New All Time High; is the Bull plan.
Bears pray for red and life below the critical 2550.



CAC 40 (Europe Paris) - Ichimoku Weekly Study - Holding at Support - Start of Week 4 of November 2017.





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Introduction / Primer to Ichimoku can be read at this link (click).



Learning from the Earlier Study: (click here for the previous post)

Index slides to take support exactly at the Kijun Sen (red line).

Tenkan Sen (Blue) above the Kijun Sen (red line).
Chikou Span, below the Price Line (left).

Wrap: 

Bulls maintain the Higher High. Bears repeat Red Week.
 



Looking Forward into this Week:


Cross (left) of the Chikou Span above the Price Line will give the advantage to the Bulls.

Bears now hope for a retreat to the Kumo.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:

Bears after slowing the momentum, and getting more red on the screen, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, want the next Fibonacci level.






Nifty (Asia India) - Ichimoku Weekly Study - Blue Line Holds - Start of Week 4 of November 2017.





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Introduction / Primer to Ichimoku can be read at this link (click).
 

Learning from the Earlier Study: (click here for the previous post) 


Index continued its retreat from the target zone 10500. 

Bulls retain Higher High and Higher Low.
Perfect Support, at the Tenkan Sen, sends the index above the lows of the week.


Wrap:
Index retreats near target zone, the Blue line (Tenkan Sen), was perfect Support
.





Looking Forward into this Week:


Bulls want to use the take off from support, to reach the 162% Fibonacci, after the higher high and higher low.

Bears seek to make a Lower Low and head below the Kijun Sen (red line).


Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked

Bears hope to build on the two red candles and make a lower low..






Saturday, November 18, 2017

Brent Oil - Ichimoku Weekly Study - Above support - Week 4 of November 2017.







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Introduction / Primer to Ichimoku can be read at this link (click).
 

Learning from the Earlier Study: (click here for the previous post)

Index follows last week's  'Opening white Marubozu', with a red weekly candle.
Senkou Span A and B, up bullishly (right extreme). 
Chikou Span turns towards the Price line (left).
Tenkan Sen and Kijun Sen, up bullishly (center).


Wrap:   
Index goes red after an 'Opening white Marubozu', above support at $62.x




Looking Forward into this Week:

All Signals currently favor Bulls.
Getting  below support and heading towards the Kumo is the Bear plan.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.


Wrap:
 
Bears hope for a 'Throwback', to the Kumo.
Bulls hope to retain the advantage, keeping above support, for continuation move towards $67. 






Monday, November 13, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Bears get a red week - Start of Week 3 of November 2017.




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Introduction / Primer to Ichimoku can be read at this link (click).



Learning from the Earlier Study: (click here for the previous post)

Index stays way above support (i.e. Tenkan Sen - blue line) and below the channel top as marked.
Bulls maintain Higher Highs and Higher Lows but end up with a Red Week.
All Ichimoku Signals favor Bulls.

Wrap: 
Index trades a red candle, but above Support i.e. the Tenkan Sen (blue line) with another ATH



Looking forward into this Week:

Bulls again seek to reach the 262% Fibonacci.

Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.
Getting another red candle and getting below the Tenkan Sen, is the Bear Plan. 


Wrap:
Index above support -  Another New All Time High; is the Bull plan.
Bears pray for more red and life below 2550.






CAC 40 (Europe Paris) - Ichimoku Weekly Study - Dive to Support Zone? - Start of Week 3 of November 2017.





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Introduction / Primer to Ichimoku can be read at this link (click).



Learning from the Earlier Study: (click here for the previous post)

Index stays above all Ichimiku Supports.

Tenkan Sen (Blue) crosses above the Kijun Sen (red line).
Chikou Span, slips below the Price Line (left).

Wrap: 

Bulls consolidate the Higher High. Bears score with a Red Week.
 



Looking Forward into this Week:


Cross (left) of the Chikou Span and Price Line gives advantage to the Bears.

Bears now hope for a retreat to below, the blue Tenkan Sen Line.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:

Bears after slowing the momentum, and getting red on the screen, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, want the next Fibonacci level.






Nifty (Asia India) - Ichimoku Weekly Study - Target Zone retreat - Start of Week 3 of November 2017.





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Introduction / Primer to Ichimoku can be read at this link (click).
 

Learning from the Earlier Study: (click here for the previous post) 


Index retreats at the target zone 10500. 

Bulls retain Higher High and Higher Low.
Current Support, the Tenkan Sen moves up - index above support.


Wrap:
Index retreats near target zone, the Fibonacci 162% (of last major Hi Lo) marked above
.




Looking Forward into this Week:


Bulls want to restart the momentum and  reach the 162% Fibonacci, after the higher high and higher low.

Bears seek to make a Lower Low and head towards the Tenkan Sen (blue line).
The Bears expect the index to get shy near the target and hope for a red week. 

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked

Bears hope the deliberation in the Target Zone, turns into a full fledged fall..





Saturday, November 11, 2017

Brent Oil - Ichimoku Weekly Study - Bull over support - Week 3 of November 2017.





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Introduction / Primer to Ichimoku can be read at this link (click).
 

Learning from the Earlier Study: (click here for the previous post)

Index after a 'Three Outside Up' pattern approaches $67, making an 'Opening white Marubozu' above support $62.
Senkou Span A and B, up bullishly (right extreme). 
Chikou Span deflects, way above the Price line (left).
Tenkan Sen and Kijun Sen, up bullishly (center).


Wrap:   
Index makes an 'Opening white Marubozu', above support at $62.




Looking Forward into this Week:

All Signals currently favor Bulls.
Getting  below support and turning towards the Kumo is the Bear plan.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.


Wrap:
 
Bears hope for a 'Throwback', to the Kumo.
Bulls hope to retain the advantage, with the  'Opening white Marubozu', for move towards $67. 





Monday, November 6, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Bulls Fly - Start of Week 2 of November 2017.








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Introduction / Primer to Ichimoku can be read at this link (click).



Learning from the Earlier Study: (click here for the previous post)

Index stays way above support (i.e. Tenkan Sen - blue line) and nears the Fibo 262% as marked.
Bulls maintain Higher Highs and Higher Lows and close just below the Channel resistance.
Index above all the Ichimoku Signals.

Wrap: 
Index gets another green candle above Support i.e. the Tenkan Sen (blue line) with another ATH



Looking forward into this Week:

Bulls now seek to reach the 262% Fibonacci.

Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.
Getting a red candle to start with, is the Bear Plan. 


Wrap:
Index above all supports -  Another New All Time High; is the Bull plan.
Bears pray for a red Candle headed below 2550, and resistance near the Channel Top.



CAC 40 (Europe Paris) - Ichimoku Weekly Study - Holding Higher High - Start of Week 2 of Nvember 2017.






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Introduction / Primer to Ichimoku can be read at this link (click).



Learning from the Earlier Study: (click here for the previous post)

Index stays above all Ichimiku Supports.

Tenkan Sen (Blue) and Kijun Sen (red line) cross.
Chikou Span, pole vaults above the Price Line (left).

Wrap: 

Index above all the signals on the screen - Bulls consolidate the Higher High.
 



Looking Forward into this Week:


Deflecting (left) of the Chikou Span and Price Line gives advantage to the Bulls.

Bears now hope for a retreat to the blue Tenkan Sen Line.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:

Bears after slowing the momentum, seek to get the index below the Tenkan Sen (blue).
Bulls after making a Higher High, aim for the next Fibonacci level.





Nifty (Asia India) - Ichimoku Weekly Study - Target Zone - Start of Week 2 of November 2017.






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Introduction / Primer to Ichimoku can be read at this link (click).
 

Learning from the Earlier Study: (click here for the previous post) 


Index at the target zone 10500+. 

Bulls retain honors for a Higher High and Higher Low.
Ichimoku Signals all move up in concert.


Wrap:
Index takes off above the Tenkan Sen and is near target the Fibonacci 162% (of last major Hi Lo) marked above
.




Looking Forward into this Week:


Bulls want to keep up the momentum and  reach the 162% Fibonacci, after the higher high and higher low.

Bears need to make a Lower Low and head towards the Tenkan Sen (blue line).
The Bears expect the index to get shy near the target and hope for a red week. 

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked

Bears pray for a pause or deliberation in the Target Zone.





Saturday, November 4, 2017

Brent Oil - Ichimoku Weekly Study - Bingo $62 !! - Week 2 of November 2017.







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Introduction / Primer to Ichimoku can be read at this link (click).
 

Learning from the Earlier Study: (click here for the previous post)

Index after a 'Three Outside Up' pattern makes the target $62 in style.
Senkou Span A and B, turn up bullishly (right extreme). 
Chikou Span deflects, way above the Price line (left).
Tenkan Sen and Kijun Sen, turn up bullishly (center).


Wrap:   
Index continues with the Three Outside Up pattern above support, Target of $62 done !!




Looking Forward into this Week:

All Signals currently favor Bulls.
Defending the 127% Fibonacci (Of this year's Hi and Lo) and turning towards the Kumo is the Bear plan.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.


Wrap:
 
Bears hope for a 'Throwback', from resistance at target (127% Fibonacci).
Bulls hope to keep the advantage with the Three Outside Up, for move towards $67.