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Saturday, July 14, 2012

S&P 500 - Triple Screen 'Technical Analysis' - Week: 09 July to 13 July, 2012 - Dojied Green..




S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price move)  (or) EOM Chart: 
S&P 500 - End of  Month Chart (EOM) - 13 July, 2012
Above is the Month Chart - EOM - for analyzing Data from mid 2009 onward.                           




S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price move) (or) EOW Chart:  
S&P 500 - End of  Week Chart (EOW) - 13 July, 2012.
Above is the Week Chart - EOW - for analyzing Data from Q1 2012 onward.                             




S&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:    
S&P 500 - End of  Day Chart (EOD) -  13 July, 2012.
Above is the Day Chart - EOD - for analyzing Data from Q3 2012 onward.                                


 

Learning from the Past Week:(click for last post)
Index stayed above the 5 EMA on the EOM (1) thus denying the Bears their honey.
Negative divergence on the EOD (6), produced red candles most of the week(5).
The RSI action at (4) on the EOW, gave us an inkling of the Bull fight back last week.
The Bulls have used the MVWAP 34 on the EOW (3), to catapult up, late last week.




Looking forward into the next Week:
Staying above the 5 EMA on EOW (3), one sees the Bulls keeping their turf intact.
Reversing the Bearish cross of the 13 SMA and 5 EMA (on EOD at 5) on Monday, however gives the Bulls, momentum for the week.
Bulls would look at keeping up the pace from Friday last  - to get back above last month's close and their 'Three Inside up' on the EOM. (1).
Bears would need to take it below their nemesis of last week - the MVWAP 34 (3)- to get back lost ground.




CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 09 July to 13 July, 2012 - Bears almost have it...



Nifty 50: Long Term View (or) Month Chart, each candle is 1 month's price action (or) EOM Chart:  
CNX Nifty 50 - End of Month (EOM) Chart - 13 July, 2012
Above is the Month Chart - EOM - for analyzing Data from 2008 onward.                          




Nifty 50: Medium Term View (or) Week Chart, each candle is 1 week's price action (or) EOW Chart: 
CNX Nifty 50 - End of Week (EOW) Chart - 13 July, 2012.
Above is the Week Chart - EOW - for analyzing Data from 2010 onward.                          




Nifty 50: Short Term View (or) Day Chart, line chart of closing Prices  (or) EOD Chart:
CNX Nifty 50 - End of Day (EOD) Chart - 13 July, 2012.
Above is the Day Chart - EOD - for analyzing Data from May 2012, onward.                                





Learning from the Past Week: (click for last post)
As studied last week, we saw the Nifty fall below the 5279 mark, thus putting on hold the bullish 'three outside up'.(1)
Index also slipped below the 5 EMA on the EOD - mid week - to give the Bears the chart.(5).
Distance between the 200 & 50 SMA on the EOD - remained steady at sub 30 points last week - Neutral.
In short, the Bulls did not run on .. they slipped below the black channel top on the EOD and consequently fell hard and the... bears broke in.(5).




Looking Forward into the next Week:
On the EOW (3) and EOM (1), support on the 5 EMA - helps Bulls.
The Volume as indicated on (2) shows decline.
Bulls need to crack the red line resistance at (4) to make an impact next week.
The EOD shows (5) - bearish cross of the 5 EMA and 13 SMA - needs to be watched.
The green channel bottom on the EOD would provide support to Bulls.(5)
As seen on (6), the bearish cross of the MACD lines, shows the effect of Bear action.
Keeping the index above the 5209 mark should give the Bulls a good shot at the red channel top on the EOW.(3)





The Dow Jones - Ichimoku Study - Week: 09 July to 13 July, 2012 - Bull Stoic



                                .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 


Quick Reference : 
Chikou Span - pink line,
Kijun Sen - blue line, 
Senkou Span A - black line, 
Senkou Span B - grey line, 
Kumo - grey shaded area,
Tenkan Sen - red line.


Useful resources (free) from the Web:



Previous Signals seen on DJI 30 - Week Chart (EOW) as marked on chart below:

Kumo Breakout: Bullish Signal (B)
The Flat Kumo: Bearish Signal (Ko)
The Kijun sen cross: Weak  Bearish  Signal (K)
The Kijun sen cross:  Strong Bullish Signal (K)
Tenkan Sen Cross:  Strong Bullish Signal (Te)
The Tenkan Sen/Kijun Sen Cross: Weak Bearish Signal (T)


                DJI 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud:   
DJI 30 - End of Week Chart - 13 July, 2012 



Learning from the Past Week: (Click)
We suggested in our study last week that despite the last Bearish Signal the Bulls were in a good place.
Taking support at the MVWAP 34 and Kijun Sen as studied by us last week - and also the Tenkan Sen - the index ended the week with a green stoic Doji.



Looking Forward into the next Week:
The index is showing Bulls power even after a Bearish 'T' Cross
Unless the Bulls take it below the Tenkan Sen - they would see a green 'T' Cross soon.




BSE Sensex - Ichimoku Study - Week: 09 July to 13 July, 2012 - 'Peek a Boo' with the Kumo


                           .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 


Quick Reference : 
Chikou Span - pink line,
Kijun Sen - blue line, 
Senkou Span A - black line, 
Senkou Span B - grey line, 
Kumo - grey shaded area,
Tenkan Sen - red line.


Useful resources (free) from the Web:

Previous Signals seen on BSE 30 - Week Chart (EOW) as shown on chart below:

The Tenkan Sen/Kijun Sen Cross: Strong Bearish Signal (T)
Chikou Span Cross: Weak  Bullish  Signal (C) 
The Tenkan Sen Cross:  Weak  Bullish   Signal (Te)
The Kijun Sen Cross:  Weak Bullish  Signal (K) 
The Kumo Break-out:  Bullish  Signal (B) 


BSE 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud: 
The BSE Sensex 30 - End of Week Chart - 13 July, 2012




Learning from the Past Week: (Click)
After Peeking out of the Kumo last week - we have a retreat with the this week's red candle.
As studied last week - the Flat Kumo pulled back the index.
The Kijun Sen provided support.



Looking forward into the next Week:
The flat Senkou Span B - or flat Kumo - would attract the price to it.
So apart from other signals - one sees this as a factor for some weeks.
After freeing itself from this gravitational pull - index should take a direction.
Break-out from the Kumo then, would be fantastic for the Bulls or Bears.