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Sunday, November 4, 2012

S&P 500 - Triple Screen 'Technical Analysis' - Week: 29 October to 02 November, 2012 - Bulls Fight..



S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price)  (or) EOM Chart: 
S&P 500 - End of  Month Chart (EOM) - 02 November, 2012
Above is the Month Chart - EOM - analyzing Data from mid 2009, onward





S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price) (or) EOW Chart:
S&P 500 - End of  Week Chart (EOW) - 02 November, 2012
Above is the Week Chart - EOW -  analyzing Data from Q2-Q3 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) -  02 November, 2012
Above is the Day Chart - EOD -  analyzing Data from Oct'2012, onward.





Learning from the Past Week:  (click here for the post)

The bearish cross of the 5 EMA and the 13 SMA on the EOW #c happens, as studied last week and the Bears  seek advantage.
Bears get the %K moving below the %D on the EOM #b, as discussed last week.
Bearish Harami is formed by the Sept and Oct month candles #a, as anticipated by us.
Bulls make a quick bounce exactly as suggested, by using the EOD Channel bottom as support #e.
Bulls keep it above the 5 EMA on the EOM #a.
A Bullish cross or Bearish deflection of the MA and RSI on the EOW #d, is on next week.





Looking forward into the next Week:

Support for the Bulls on the EOW #c is at the MVWAP 34.
Bears look to keep it below the MVWAP 34 on the EOD #e.
Keeping the %K below the %D on the EOM #b is what the Bears would like to do.
The Bearish Harami on the EOM #a would be spicier for Bears, if it become a Three Inside Down. So closes below last month's close keeps the Bulls jittery.
A Bullish cross of the 5 EMA and 13 SMA on the EOD #e, is something for the Bulls to look forward to - a Bearish Deflection however can kill the Bull Fight back.



CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 29 October to 02 November, 2012. - Bulls score




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 - 02 November, 2012
Above is the Month Chart - EOM -  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 - 02 November, 2012
Above is the Week Chart - EOW -  analyzing Data from Mid 2011 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 - 02 November, 2012
Above is the Day Chart - EOD - analyzing Data from July 2012, onward. 




Learning from the Past Week: (click here for the post)

Earlier in the Week the 5 EMA moved below the 13 SMA #e as expected, and gave the Bears some joy.
Then the 34 EMA on the EOD chart #e, gave the Bulls support, as studied by us last week.
The red Support-Resistance line  #dheld up the Bulls again, as has the 5 EMA #c.
The signal line remained below the MACD line #f, all last week.
Bulls come back from below, to the Blue Center line of the EOD Channel #e.
The short fuse indicator #b, moves up with the Nov candle's green, to-date.
STS in oversold #d indicates Bull power.




Looking Forward into the next Week:

EOD channel's blue center line #e, is now the next resistance for the Bulls.
A massive Pullback to the Monthly Channel's Green bottom line #a - is the still the Bull agenda.
Using the red support-resistance line on the on the STS #d, for a bounce back would be the Bull hope.
A close below the 5 EMA on the EOW #d, would be a blow to the Bulls.
The 34 EMA on the EOD #f remains the next support for the Bulls.
The 5 EMA on the Day chart #e - is again touching the 13 SMA, for a Bearish deflection or Bullish Cross next week.
The signal line moving above the MACD line #f, is something the Bulls look forward to.





The Dow Jones - Ichimoku Study -Week: 29 October to 02 November, 2012.. - Bears Hold it..



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

Introduction 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.



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

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




DJI 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud 
DJI 30 - End of Week Chart - 02 November, 2012




Learning from the Past Week: (click here for the post)

Chikou Span #a, which made a bearish cross, below the Price line last week, is on the verge of pulling above Price line.
The Oscillator ticks down #c  -ve divergence is persistent.
The MVWAP 34 #b holds up Bulls - Tenkan Sen resists them.




Looking Forward into the next Week:

Holding above the MVWAP 34 #b, Bulls are safe for now.
The Chikou Span's action #a next week, worth a watch, for Bearish Continuation or Bullish pull up.
Break of the Range #b between the Tenkan Sen and MVWAP 34 - signals the next trending move.




BSE Sensex - Ichimoku Study - Week: 29 October to 02 November, 2012.. - Bulls Hold on



                       .....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.



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

The Tenkan Sen Cross:  Weak  Bullish   Signal (Te)
The Senoku Span Cross:  Neutral  Bullish  Signal (Ss)
The Kijun Sen Cross: Neutral  Bullish Signal (K)
The Tenkan Sen/Kijun Sen Cross: Strong  Bullish Signal (T) 
The Kumo Break-out: Bullish Signal (B)  
The Chikou Span Cross:  Strong Bullish Signal (Cc)  




BSE 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud:
The BSE  Sensex 30 - End of Week Chart - 02 November, 2012



Learning from the Past Week: (click here for the post)

The Chikou Span moves away from the Kumo, in a green week #a.
Oscillator ticks down #c
Tenkan Sen #b remains flat.




Looking forward into the next Week:

Bears reaching lower each week, aiming at the Tenkan Sen #b.
Staying above the Kumo - advantage is with the Bulls.
Action of the Chikou Span #a near the Kumo is also to be noted.
Flat Kumo's #b gravitational pull starts working - something to watch out for.