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Monday, November 14, 2016

US - S&P 500 - Triple Screen 'Technical Analysis' - Resistance Zone - Week 3 of November 2016.











Learning from last Week:  (click here for the previous post)


Patterns:
Bears close the week below 2166, Day Fork top holds the Bull run #Daychart1.

Support & Resistance:
Support was at the daily 200MA #DayChart1. Resistance near the Day Fork Top #Daychart1.

Moving Averages:
The critical EMA05, is bearishly below the MA13, only on the Week Chart #Weekchart1.

Indicators:
The RSI turns up from the over sold #WeekChart2.


Wrap:

Bulls defend the 200 MA #DayChart1 and go green up to the Day Fork Top #DayChart1. Bears defend 2166 on week close.






Looking forward into this Week:



Patterns:
'Evening Star' Pattern (Study) is active on the Long term charts #MonthChart1.

Support & Resistance:
Middle Tyne of the Week Fork, is the resistance that Bears would want to stay below #Weekchart1. Daily 200MA is support for Bulls #DayChart1.

Moving Averages:
5 EMA on the Week chart i,e, 2136, is the mark, that the  Bulls want to stay above this week #WeekChart1.

Indicators:
STS enters the over sold #DayChart2.


Wrap:
Bulls after taking off from the 200 MA, look to take out 2184 next #DayChart1.
Bears need to stay below 2194 and prevent a Higher High #WeekChart1.





 

CAC 40 - Ichimoku Weekly Study - Higher Low! - Week 3 of November 2016.




View chart.. (Click)  


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



 

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

Index moves about the Month lines with the body inside the previous week's candle.

Weekly and Monthly supports in close proximity. 
Chikou Span (white) pops above the Price line.


Wrap: 
Index back in the Kumo after a week of extreme fluctuations. 




Looking Forward into this Week:


Bears want to get the index below the Kumo and  definitely below Weekly resistance.

Bulls maintain the Higher Low.
Senoku Span A & B, meeting in the offing - Bearish Cross or Bullish Deflection next.


Wrap:
Bears look to get below to the Kumo
and aim for the Monthly Support..
Bulls
seek life above the Kumo (cloud), after defending the last weekly low.




SGX Nifty - Ichimoku Weekly Study - Support - Week 3 of November 2016.




View chart at.. (Click)  


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





 


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

Resisted by the Tenkan Sen (Weekly resistance) for 6 weeks, Index moves down, below support at the Kijun Sen.

Tenkan Sen was resistance zone again
Chikou Span goes below the Senoku Span B. Now in the Kumo.


Wrap: 
Index resisted by the Tenkan Sen (Weekly resistance) falls below the Kijun Sen and is just above the Monthly Support. 



Looking Forward into this Week:


Bears want to keep the index below the Kijun Sen - Weekly resistance - and aim for the Kumo.

Kijun Sen is now Weekly Resistance - important for Bulls to conquer.
Chikou Span in the Kumo - Bearish Cross or Bullish Deflection with the Senoku Span A or Priceline (edit), next.


Wrap:
Bears look to continue this fall to below the Kumo
(Cloud).
Bulls
look for green at the Monthly Support - and a Chikou Span Deflection.