Sunday, January 27, 2013

S&P 500 - Triple Screen 'Technical Analysis' - Week: 21 January to 25 January, 2013 - Bulls build on gain



S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 25 Jan '13



S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 25 Jan '13



S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 25 Jan '13




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

Channel top resistance #D1 continues to stifle the Bulls, despite another green week.
#D2 and #W2 shows the Divergence developing on this up move.
#M1, #W1 - indicate that the Month Channel's red top line is closing in on the priceline.
Bulls are on top on all the three screens as of now.



Bulls are on a Song and its only the Day Channel's top red line #D1 and the Divergences #D2 & #W2, that could play spoil sport..




The Ellipses marked #M1, #W1 and #D1 indicate the hot spots on the long, medium and short term charts respectively.
As one can see - we are zooming into the action starting #M1 through #W1 and get up close in #D1.



Looking forward into the next Week:

Day channel's, top red line #D1, continues to be resistance for Bulls.
The MVWAP 34 on the EOD, #D1is the likely support.
RSI #W2, moving into the oversold zone, indicate long term strength of Bulls.
RSI #W2, causing another 'Lower High' is not good for Bulls.
Divergences and possibility of a Bearish MA cross 13 SMA with 5 EMA on the Day charts #D1 are the Bear hope.



Bulls retain control of all the three screens, a bearish MA cross #D1, could give the Bears a break.




CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 21 January to 25 January, 2013 - Channel Top Stop.




Nifty 50 - End of Month (EOM) Chart - Channel analyzing Data from 2008 onward - as on 25 Jan '13




Nifty 50 - End of  Week (EOW) Chart - Channel analyzing Data from Mid 2011 onward - as on 25 Jan '13




Nifty 50 - End of  Day  (EOD) Chart - Channel analyzing Data from Nov' 2012, onward - as on 25 Jan '13





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

Channel top on the EOW #3 - which caught our attention last couple of weeks - sends back the Bulls.
Our mark was 6106 and the week topped at 6101 - watchful bears moved down for a feast #5.
5 EMA stays above the 13 SMA all last week, on the short term charts #5 - keeping the Bulls in play. 
Day channel #5 with the arrows, show us the resistance and supports to watch out for, next week.
MACD and Signal lines stay Bearishly crossed #6.
The Doji #3 formed last week - sets up a possible Evening Star Reversal.




Hitting the Week Channel top and facing a possible 'Evening Doji Star' Bulls have their work cut out for them - Currently however, Bulls control all three screens. 





Looking Forward into the next Week:

Channel top on the EOW, remains a major resistance #3 and 6126 is the number to beat this week.
Clearing the EOW channel top - Bulls would aim for the EOM's green Channel bottom line #1.
The 5 EMA /13 SMA,  bearish cross on the EOD is a signal to watch #5.
Index staying above the 5 EMA on the EOW, is critical for Bulls in the medium term #3.
Action of the MACD vs signal line, is worth a watch #6.
A study of the Evening Doji Star here, here and anywhere else is good for educational reasons.




6126+ to crack the EOW Channel top #3 is good for the Bulls - Evening Doji Star triggering #3 is good for Bears.




The Dow Jones - Ichimoku Study - Week: 21 January to 25 January, 2013 - Bulls beat last High..



                             .....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 Kumo Breakout: Strong Bullish  Signal (B)
The Flat Kumo: Bearish Signal (Ko)
The Chikou Span Cross:  Strong Bullish Signal (cC)  
Tenkan Sen Cross:  Strong Bullish Signal (Te)  
The Kijun sen cross:  Strong Bullish Signal (K) 

Last:
The Tenkan Sen/Kijun Sen Cross:  Strong Bullish Signal (T)



Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 25 Jan '13



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

Post the Bullish 'Kijun Sen/Tenkan Sen' Cross #2, Bulls get a massive green week.
The Senkou Spans A & B #3, diverge away from each other - some more.
The Oscillator #4 ticks up - divergence with Price persists.


Bulls beat previous / last major Highs.





Looking Forward into the next Week:

A Senkou Span Cross - if it happens from this position - is still bad news for the Bulls.
Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #1.
A serious Bearish Divergence is developing on the Oscillator #4.


As in last week, Bulls rule the Highs, bears pin hopes on recross of the fast rising Tenkan Sen (red line) and divergence #4.




BSE Sensex - Ichimoku Study - Week: 21 January to 25 January, 2013 - Bulls stay up.




                     .....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 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)  
The Flat Kumo: Bearish Signal (Ko)

Last:
The Tenkan Sen Cross:  Strong Bullish Signal (Te)  




BSE 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 25 Jan '13




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

Bulls continue towards new Highs #2.
Oscillator ticks even again and Divergence from Price is apparent #3.
Bears hold Bulls to a Doji #2. 



Bulls stand off with Bears, results in a Doji...





Looking Forward into the next Week:

Staying above the Kumo - advantage is with the Bulls.
Bears see some life once the Tenkan Sen #2 is taken out on the way down.
Last week's Doji and its possibilities can be a worthy study (click).



Distant possibility of a Bearish, 'Kijun Sen - Tenkan Sen' Cross continues to be the Bear Hope..





Sunday, January 20, 2013

S&P 500 - Triple Screen 'Technical Analysis' - Week:Week: 14 January to 18 January, 2013 - Bulls hold gains




S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 18 Jan '13



S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 18 Jan '13



S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 18 Jan '13




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

Channel top resistance #D1 continues to dog the Bulls, despite a green week.
#D2 and #W2 shows the Divergence developing on this up move.
On the long term charts - the %K & %D meet and cross bullishly as of now..#M2.
See the last 4 candles on the Long term charts #M1, first three resemble a Bullish 'Three Inside up' and the last candle its result. The alert Bull got some green.



Bulls are on a Song and its only the Day Channel #D1 and the Divergences #D2 & #W2, that could play spoil sport..




The Ellipses marked #M1, #W1 and #D1 indicate the hot spots on the long, medium and short term charts respectively.
As one can see - we are zooming into the action starting #M1 through #W1 and get up close in #D1.



Looking forward into the next Week:

Day channel's, top red line #D1, continues to be resistance for Bulls.
The MVWAP 34 on the EOD, #D1is the likely support.
STS position #2, in the oversold zone, indicate long term strength of Bulls.
Divergences and possibility of a Bearish MA cross on the Day charts #D1 are the Bear hope.



Bulls retain control of all the three screens,  the 5 EMA going below the 13 SMA #D1, could give the Bears a break.





CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 14 January to 18 January, 2013 - Channel Tops and Bull Highs..



Nifty 50 - End of Month (EOM) Chart - Channel analyzing Data from 2008 onward - as on 18 Jan '13



Nifty 50 - End of  Week (EOW) Chart - Channel analyzing Data from Mid 2011 onward - as on 18 Jan '13



Nifty 50 - End of  Day  (EOD) Chart - Channel analyzing Data from Nov' 2012, onward - as on 18 Jan '13




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

Channel top on the EOW - is touched gently by last candle's top #3 even as the Bull come back with a green candle last week.
5 EMA stays above the 13 SMA all last week, on the short term charts #5.
Day channel #5 with the arrows, show us the resistance and supports to watch out for next week.
MACD and Signal lines stay Bearishly crossed #6.
The Short Fuse indicator for Jan'13 shows an uptick #2.



Staying above the 76.4% Fibonacci retrace of the last low (Jan'12) from Nifty's all time high #1 - Bulls are still good for a shot at new Highs.




Looking Forward into the next Week:

Channel top on the EOW, is a major resistance #3 and 6106 is the number to beat here..
The 5 EMA 13 SMA,  bearish cross on the EOD is a signal to watch #5.
Index staying above the 5 EMA on the EOW, is critical for Bulls in the medium term #3.
Action of the MACD vs signal line, is also worth a watch #6.
A recap of the 'Three Outside up'' #1 (click) which started this Bull Charge is a good idea..



Watch if the 5 EMA crosses the 13 SMA Bearishly #5 next week, break of the EOW channel top #3 (6106) is the next Bull task.





Saturday, January 19, 2013

The Dow Jones - Ichimoku Study - Week: 14 January to 18 January, 2013 - Bulls catch last High..



                             .....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 Kumo Breakout: Strong Bullish  Signal (B)
The Flat Kumo: Bearish Signal (Ko)
The Chikou Span Cross:  Strong Bullish Signal (cC)  
Tenkan Sen Cross:  Strong Bullish Signal (Te)  
The Kijun sen cross:  Strong Bullish Signal (K) 

New:
The Tenkan Sen/Kijun Sen Cross:  Strong Bullish Signal (T)



Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 18 Jan '13




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

Bullish 'Kijun Sen/Tenkan Sen' Cross happens #1..
The Senkou Spans A & B diverge away from each other - some more. 
The Oscillator ticks up - divergence with Price persists.


Bulls reach previous / last major Highs.





Looking Forward into the next Week:

A Senkou Span Cross - if it happens from this position - is still bad news for the Bulls.
Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #1.
A serious Bearish Divergence is developing on the Oscillator #2.


As Bulls rule the Highs, bears pin hopes on recross of the fast rising Tenkan Sen (red line) and divergence #2.





BSE Sensex - Ichimoku Study - Week: 14 January to 18 January, 2013 - Bulls move up



                     .....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 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)  
The Flat Kumo: Bearish Signal (Ko)

Last:
The Tenkan Sen Cross:  Strong Bullish Signal (Te)  





BSE 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 18 Jan '13




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

Bulls continue towards new Highs #1.
Oscillator ticks even again and Divergence from Price is apparent #2. 


Bulls get back lost ground of last week and some.





Looking Forward into the next Week:

Staying above the Kumo - advantage is with the Bulls.
Bears see some life once the Tenkan Sen #1 is taken out on the way down.


Distant possibility of a Bearish, 'Kijun Sen - Tenkan Sen' Cross continues to be the Bear Hope..





Sunday, January 13, 2013

S&P 500 - Triple Screen 'Technical Analysis' - Week:Week: 07 January to 11 January, 2013 - Bulls Hold Highs



S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 11 Jan '13



S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 11 Jan '13



S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 11 Jan '13





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

Channel top resistance #D1 was used by the Bears, to pause the Bull run just like we anticipated last week.
#D2 indicates that Divergence is developing on this up move.
On the long term charts - the %K & %D meet and cross bullishly as of now..#M2.
The last 4 candles on the Long term candles resemble a Bullish 'Three Inside up' and the results show, that the Bulls got some results.


Last week saw the Bulls hold their Highs - Bears saw the Day Channel top #D1, as a good resistance.




The Ellipses marked #M1, #W1 and #D1 indicate the hot spots on the long, medium and short term charts respectively.
As one can see - we are zooming into the action starting #M1 through #W1 and get up close in #D1.



Looking forward into the next Week:

Channel top resistance #D1 continues to be resistance for Bulls.
The MVWAP 34 on the EOD, #D1is the likely support.
STS position #2, in the oversold zone, indicate long term strength of Bulls.
Divergence on the Day Charts #D2 is good news for Bears.


Bulls retain control of all the three screens - Bears continue to depend on the short term Channel's 'red top line' #D1 along with divergence at #D2.





CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 07 January to 11 January, 2013 - Bears hold the top line..




Nifty 50 - End of Month (EOM) Chart - Channel analyzing Data from 2008 onward - as on 11 Jan '13



Nifty 50 - End of  Week (EOW) Chart - Channel analyzing Data from Mid 2011 onward - as on 11 Jan '13



Nifty 50 - End of  Day  (EOD) Chart - Channel analyzing Data from Nov' 2012, onward - as on 11 Jan '13




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

Bears get a Red Candle #3 last week.
Revised channel #5 with the arrows, show us the resistance and supports to watch out for next week.
MACD and Signal lines re-cross Bearishly #6.
The Short Fuse indicator for Jan'13 shows an uptick #2.
The High made by the indicator #6 is at divergence with the High made by the Price line #5.


Staying above the 76.4% Fibonacci retrace of the last low (Jan'12) from Nifty's all time high #1 - Bulls are still good for a shot at new Highs.




Looking Forward into the next Week:

Channel top on the EOW a major resistance, is close #3.
The 5 EMA 13 SMA bearish cross on the EOD is a signal to watch #5.
Index staying above the 5 EMA on the EOW is critical for Bulls in the medium term #3.
Action of the STS is also worth a watch #4.


Divergence on the Short term charts are a ray of hope for the Bears in what is otherwise an all Green show - watch if the 5 EMA crosses the 13 SMA Bearishly early next week..




The Dow Jones - Ichimoku Study - Week: 07 January to 11 January, 2013 - Bulls inch Higher..




                             .....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 Kumo Breakout: Strong Bullish  Signal (B)
The Flat Kumo: Bearish Signal (Ko)
The Chikou Span Cross:  Strong Bullish Signal (cC)  
Tenkan Sen Cross:  Strong Bullish Signal (Te)  
The Tenkan Sen/Kijun Sen Cross:  Weak Bearish  Signal (T)

New:
The Kijun sen cross:  Strong Bullish Signal (K) 





Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 11 Jan '13




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

The Senkou Spans A & B diverge away from each other #2.
The Oscillator ticks up.
Bulls hold the Highs #1.

Bulls inch closer to last year's high..




Looking Forward into the next Week:

A Senkou Span Cross #2 - if it happens from this position - is still bad news for the Bulls.
Bulls now would look at a Bullish Tenkan Sen / Kijun Sen Cross #1.
Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #1.
A serious Bearish Divergence is developing on the Oscillator.

Bullish 'Kijun Sen/Tenkan Sen' Cross gets closer..