Saturday, December 16, 2017

Brent Oil - Ichimoku Weekly Study - Doji days- Week 3 of December 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 makes another, even longer Doji and comes close to the target $67.
Senkou Span A and B, rise (right extreme). Chikou Span way above the Price line (left).
Tenkan Sen and Kijun Sen, up (center).


Wrap:   
Index nudges up - weekly candle is still a Doji.




Looking Forward into this Week:

All Signals favor Bulls, the last Doji saw most signals spike up.
Bears having forced so many Dojis, would hope for a dip to the Kumo.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.


Wrap:
 
Bears hope for life below the Tenkan Sen (Blue line).
Bulls seek a close above $67. 




Monday, December 11, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Channel Top Stop? - Start of Week 2 of December 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 returns at Channel top.
Bulls maintain Higher Highs and Higher Lows with a red Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index struggles to clear the 262% Fibonacci retrace of the last major High-Low and the Channel Top.



Looking forward into this Week:

Bulls would seek to break above the 262% Fibonacci.

Bears want to use current resistance to start the trip to below the Kijun Sen (Red Line)
Getting another red candle using the channel top and Fibo resistance, is the Bear Plan. 


Wrap:
Index above support -  362% Fibo, is the Bull plan.
Bears pray for red, and life below the previous range.



CAC 40 (Europe Paris) - Ichimoku Weekly Study - Resistance Holds - Start of Week 2 of December 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 fails near the resistance at the Tenkan Sen (Blue line), once again.

Chikou Span, again plays peek a boo with the Price Line (left).

Wrap: 

Bulls maintain the Higher High. Index almost breaks range.
 



Looking Forward into this Week:


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

Tenkan Sen (Blue) and Kijun Sen (red line) is current range, to break out / break below from.

Wrap:

Bears after holding the range, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, seekt the next Fibonacci level after clearing the Tenkan Sen.




Nifty (Asia India) - Ichimoku Weekly Study - A Bullish Harami - Start of Week 2 of December 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 fails to make the target zone 10500, once again, but produces a Bullish Harami.

Bears manage a minor wave Lower High, last week's candle makes a lower low.
Index closes above the Blue Tenkan Sen Support line.


Wrap:
Index closes above the Blue line (Tenkan Sen), produces a Bullish Harami.





Looking Forward into this Week:


Bulls seek to defend the red Kijun Sen, and a stop a fall towards the Kumo.

Bears seek to make another minor wave Lower High and head below the Kijun Sen (red line).
Bulls want to make a Higher High a new ATH and maintain the major wave 'Higher High Higher Low'.


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

Bears hope to make another minor wave, lower high and target life below the red line.



Saturday, December 9, 2017

Brent Oil - Ichimoku Weekly Study - Its raining Dojis - Week 2 of December 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 makes another Doji and shows its indecision once again.
Senkou Span A and B, flatten (right extreme). Chikou Span way above the Price line (left).
Tenkan Sen and Kijun Sen, flat (center).


Wrap:   
Index undecided another week - weekly candle is a Doji.




Looking Forward into this Week:

With all Signals favoring Bulls, the ranging gives the Bears a small edge in.
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 pray for life below the Tenkan Sen (Blue line).
Bulls seek $67. 




Monday, December 4, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Channel Top? - Start of Week 1 of December 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 breaks out of the previous 4 week range and nudges the Channel top up.
Bulls maintain Higher Highs and Higher Lows and another green Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index breaks range and reaches the 262% Fibo target at the Channel Top.



Looking forward into this Week:

Bulls would seek to break above the 262% Fibonacci.

Bears need to get below the Kijun Sen (Red Line) to make an impact.
Getting a red candle using the channel top and Fibo resistance, is the Bear Plan. 


Wrap:
Index above support -  362% Fibo, is the Bull plan.
Bears pray for red, and life below the previous range.


CAC 40 (Europe Paris) - Ichimoku Weekly Study - Support & Resistance - Start of Week 1 of December 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 moves from support at the Kijun Sen (red line) to resistance at the Tenkan Sen (Blue line), once again.

Chikou Span, plays peek a boo with the Price Line (left).

Wrap: 

Bulls maintain the Higher High. Index in range.
 



Looking Forward into this Week:


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

Tenkan Sen (Blue) and Kijun Sen (red line) is current range, to break out from.

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 after clearing the Tenkan Sen.




Nifty (Asia India) - Ichimoku Weekly Study - A Lower High - Start of Week 1 of December 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 fails to make the target zone 10500, once again. 

Bears manage a minor wave Lower High, last week's candle misses a lower low by a whisker.
Index closes below the Blue Tenkan Sen Support line.


Wrap:
Index closes below the Blue line (Tenkan Sen), after a minor lower high.





Looking Forward into this Week:


Bulls seek to prevent a lower low and a fall towards the Kumo.

Bears seek to make a Lower Low and head below the Kijun Sen (red line).
A weekly close above the Tenkan Sen would help Bulls get back dominance.


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

Bears hope to make a lower low and target life below the red line.






Saturday, December 2, 2017

Brent Oil - Ichimoku Weekly Study - Confused Doji - Week 1 of December 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 makes a Doji and shows its indecision, following earlier week's, red and then green 'Hanging Man' candles.
Senkou Span A and B, flatten (right extreme). Chikou Span way above the Price line (left).
Tenkan Sen and Kijun Sen, flat (center).


Wrap:   
Index gets stuck near the 141 Fibonacci retrace, weekly candle is a Doji.




Looking Forward into this Week:

While all Signals currently favor Bulls, the ranging gives the Bears an edge in.
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 want finish the consolidation, with a continuation move towards $67. 



Monday, November 27, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Range Break - Start of Week 5 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 breaks out of the previous 4 week range and makes a new All Time High (ATH).
Bulls maintain Higher Highs and Higher Lows and a green Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index breaks range and makes a new ATH.



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 previous range.




CAC 40 (Europe Paris) - Ichimoku Weekly Study - Support & Resistance - Start of Week 5 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 moves from support at the Kijun Sen (red line) to resistance at the Tenkan Sen (Blue line).

Tenkan Sen (Blue) above the Kijun Sen (red line).
Chikou Span, plays peek a boo with the Price Line (left).

Wrap: 

Bulls maintain the Higher High. Index in range.
 



Looking Forward into this Week:


Cross (left) of the Chikou Span clearly 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) is current range, to break out from.

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 after clearing the Tenkan Sen.



Nifty (Asia India) - Ichimoku Weekly Study - Lift off from Support - Start of Week 5 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) 


After the perfect Support, at the Tenkan Sen, index gained with a green week.

Index still below the target zone 10500. 
Bulls retain Higher High and Higher Low.



Wrap:
Index continues its take off from the Blue line (Tenkan Sen), which was 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 make a lower low and turn from the target zone once again.






Saturday, November 25, 2017

Brent Oil - Ichimoku Weekly Study - Above support and Hang em twice - Week 1 of December 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 earlier week's  'Opening white Marubozu', with a red and then green, Hanging Man, weekly candles.
Senkou Span A and B, flatten (right extreme). 
Chikou Span way above the Price line (left).
Tenkan Sen and Kijun Sen, flat (center).


Wrap:   
Index goes into a range 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 want to retain the advantage, keeping above support, for continuation move towards $67.