Saturday, April 27, 2013

CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 22 April to 26 April: 2013 - Bears Cover



Nifty 50 - End of Month (EOM) Chart - Channel analyzing Data from 2008 onward - as on 26 April'13



Nifty 50 - End of  Week (EOW) Chart - Channel analyzing Data from Mid 2011 onward - as on 26 April'13



Nifty 50 - End of  Day  (EOD) Chart - Channel analyzing Data from Nov' 2012, onward - as on 26 April'13




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

Bulls head to the 76.4% Fibonacci retrace of the Jan'12 low to All time high #5..
Position of the STS on the EOW, gave the Bulls support #4.
The Bulls take over all screens.
Bulls are stopped by the 76.4% Fibonacci retrace of the Jan'12 low to All time high #5.
MACD and its histogram tick up #6.
The short fuse indicator goes from pointing down, to a sharp up tick #2.



Taking support near the 13 SMA on the Week Charts - Bulls build on their gains of last week #3.





Looking Forward into the next Week:


Getting above the 76.4% Fibonacci retrace of the Jan'12 low to All time high #5, is important for the Bulls to continue the climb.
Bearish Cross of the 5 EMA and 13 SMA to be watched for #5.
Bullish Cross of the 5 EMA and 13 SMA, on the EOW also to be watched for #3.
Bulls look to stay above the 13 SMA on the Week Chart #3 - the support for the next week.
50 SMA and 200 SMA, convergence towards a death cross to be watched #5.
On the Day Chart, the 76.4% Fibonacci retrace of the Jan'12 low to All time high #5 is the resistance.



The Three Outside Down's effect #1 is on pause, and one watches the month close for direction on the same.




S&P 500 - Triple Screen 'Technical Analysis' - Week: 22 April to 26 April: 2013 - Bulls Take Back Some



S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 26 April'13



S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from OND, 2011 onward - as on 26 April'13



S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 26 April'13




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

Bulls get back the short term screen..
Bears hold the new 'All time High' line #M1 & #D1
All screens are ruled by the Bulls now.
5 EMA re-crosses Bullishly above the 13 SMA #D1.
RSI and its MA remain crossed bearishly and peek back above oversold #W2.
Position of the STS and its MA #M1 - show Bull strength in the long term.



Bulls wrest back the short term screen..



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, bottom green line is support and the 'All Time High' the resistance for the Bulls #D1 & #M1.
Bulls would want to clear the Triple Top Threat next...
Keeping the price, above the 5 EMA on the EOW #3, bulls remain strong.
Triple Top on the Long Term Screen, remains the bane of the Bulls for some more time
Long Term Bearish Harami happens, if April'13 closes below 1569 #M1.
Breaking the Day Channel's Bottom Green Line #D1 is the next task for the Bears...



Bears have the Long Term Bearish Harami as the next task - Bulls eye the new 'All Time High'.





The Dow Jones - Ichimoku Study - Week: 22 April to 26 April: 2013 - Bulls get some back



                             .....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 26 April'13




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


Bulls get back some lost ground ..  #2..
The Oscillator #3 ticks even.
The Tenkan Sen is just as close as last week.#2


Advantage still held by the Bulls.





Looking Forward into the next Week:

Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #2.
Bearish Divergence less apparent on the Oscillator #3.
Bulls would look at keeping the advantage - keeping clear of the Ichimoku Indicators.


Bears look forward to a reversal and getting below the Tenkan Sen - Bulls see the  good times continuing..



BSE Sensex - Ichimoku Study - Week: 22 April to 26 April: 2013 - Kijun Sen Crossed



                     .....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 Kumo Break-out: Bullish Signal (B)  
The Flat Kumo: Bearish Signal (Ko)
The Tenkan Sen/Kijun Sen Cross: Weak Bearish Signal (T) 
The Chikou Span Cross:  Strong Bullish Signal (Cc)  
The Tenkan Sen Cross:  Bullish Signal (Te)

New:
The Kijun Sen Cross: Strong Bullish Signal (K) 



BSE 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 26 April'13





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

Index clears the Kijun Sen line  #2.
Oscillator ticks up while in the negative.. #3.
Chikou Span stays above the price line #1.
Bulls keep above the MVWAP34  #2.


Bulls build on their gains, closing above the Kijun Sen.





Looking Forward into the next Week:

A Bullish Tenkan Sen-Kijun Sen Cross, should be the next Bull task #2.
Chikou Span getting below price line a must for the Bear run #1.
A Bearish Tenkan Sen-Kijun Sen Deflection, can give the Bears a sneaky win #2.



Deflection or Cross? A close watch of the Tenkan Sen and Kijun Sen lines warranted.





Sunday, April 21, 2013

S&P 500 - Triple Screen 'Technical Analysis' - Week: 15 April to 19 April, 2013 - Bear Fight back



S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 19 April'13



S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from OND, 2011 onward - as on 19 April'13



S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 19 April'13






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

Bears use the  'All Time High Line' 1597 as resistance to fall back 3% #M1
The short term screen reverts to Bear mode - other screens still Bull.
5 EMA crosses Bearishly below the 13 SMA #D1.
Index sees MVWAP34 on Day Screen as resistance to up move on Friday last  #D1.
Triple top on Long Term Charts - keeps the Bear hopes going.
RSI and its MA remain crossed bearishly and slip below oversold #W2.
Position of the STS and its MA #M1 - show Bull strength in the long term.



Bears get back the short term screen..



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, bottom green line is support and the MVWAP34 the resistance for the Bulls #D1.
Bulls aim would want to clear the Triple Top Threat next...
Keeping the price, above the 5 EMA on the EOW #3, bulls remain strong.
Triple Top on the Long Term Screen, remains the bane of the Bulls for some more time
Next booster of retaking the 5 EMA short term #D1, needed for Bulls.
Developing Bearish Harami #M1 to be watched.
Breaking the Day Channel's Bottom Green Line #D1 is the next task for the Bears...



Bears have the Triple Top Threat as the next high hope...Bulls would look at getting back the Short Term Screen..




CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 15 April to 18 April, 2013 - Three Outside Down Effect: Pause



















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

Bulls get above our mark of 5538, the 13 SMA on EOM #1, early in the week and follow it with a bounce.
Position of the STS on the EOW, gave the Bulls support #4.
The Bulls take over the Short Term screen and also move the EOW screen to neutral zone.
Bulls are stopped by the 13 SMA on the EOW #1.
Price heads back to the 76.4% Fibonacci retrace of the Jan'12 low to All time high #5.
MACD histogram ticks up #6.
Index gets above the 200 SMA and 50 SMA last week #5.



Taking support near the 13 SMA on the Month Charts - Bulls make a seriously vigorous  intra-month bounce #1.





Looking Forward into the next Week:

50 SMA and 200 SMA, convergence towards a death cross to be watched #5.
Getting below the 5538, the 13 SMA on the Month Charts #1 for the rest of the month, is important for Bears - to continue the fall.
Bearish Cross of the 5 EMA and 13 SMA to be watched for #5.
Bulls look to get above the 13 SMA on the Week Chart #3.
Support for the coming week is the 61.8% Fibonacci Retrace of the Jan'12 low to All time high #5.
Day channel top #5 and 13 SMA on the EOW #3 are the resistances.



The Three Outside Down's effect pauses, if the Bears cannot get below 5538 (EOW).





Saturday, April 20, 2013

The Dow Jones - Ichimoku Study - Week: 15 April to 19 April, 2013, - Best bear week - 2013..



                             .....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 19 April'13





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


Bears have their best week this year ..  #2..
The Oscillator #3 ticks down.
The Tenkan Sen is close..#2 



Advantage still held by the Bulls.





Looking Forward into the next Week:

Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #2.
Bearish Divergence less apparent on the Oscillator #3.
Bulls would look at keeping the advantage - keeping clear of the Ichimoku Indicators.



Bears look forward to a reversal and getting below the Tenkan Sen - Bulls look for the good time to resume..






BSE Sensex - Ichimoku Study - Week: 15 April to 18 April, 2013 - Repulsed by 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.




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 Kumo Break-out: Bullish Signal (B)  
The Flat Kumo: Bearish Signal (Ko)
The Kijun Sen Cross: Weak Bearish Signal (K)
The Tenkan Sen/Kijun Sen Cross: Weak Bearish Signal (T) 

New:
The Chikou Span Cross:  Strong Bullish Signal (Cc)  
The Tenkan Sen Cross:  Bullish Signal (Te)





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





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

Index gets repulsed by the Kumo  #2.
Oscillator ticks some more into the negative.. #3.
Chikou Span pops above the price line #1.
Bulls get above the Tenkan Sen #2.


Bulls pull back, as they near the Kumo..





Looking Forward into the next Week:

Staying above the Tenkan Sen, should be the next Bull task #2.
Chikou Span getting below price line a must for the Bear run #1.
Kijun Sen next task for Bulls... #1



Next notable resistance for the Bears is the Kumo - Bulls eye the Kijun Sen..





Saturday, April 13, 2013

S&P 500 - Triple Screen 'Technical Analysis' - Week: 08 April to 12 April, 2013 - Knock-Out of an 'All Time High'




S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 12 April'13



S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from OND, 2011 onward - as on 12 April'13



S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 12 April'13



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

Bulls crack the 2007, 'All Time High Line' 1576 and move the bar to 1597 #M1
The short term screen gets back to Bull as were other screens #D1.
5 EMA deflects Bullishly above the 13 SMA #D1.
Triple top on Long Term Charts - keeps the Bear hopes going.
RSI and its MA remain crossed bearishly #W2.
Bearish Divergence on the short term charts persist #D2.



Bulls beat the 'All Time High' Line..



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  #D1, bottom green line and MVWAP34, remains the support for the Bulls.
Bulls aim would want to clear the Triple Top Threat next...
Keeping the price, above the 5 EMA on the EOW #3, bulls remain strong.
Triple Top on the Long Term Screen, remains the bane of the Bulls for some more time
5 EMA and 13 SMA on day charts #D1, deflecting near the 'All Time High' was good for Bulls.
Breaking the Day Channel's top Red Line #D1 is the next task for the Bulls...



With the Bulls clearing the previous 'All Time High', Bears are left with the Triple Top Threat as the next high hope...




CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 08 April to 12 April, 2013 - Three Outside Down Effect (contd.)



Nifty 50 - End of Month (EOM) Chart - Channel analyzing Data from 2008 onward - as on 12 April'13



Nifty 50 - End of  Week (EOW) Chart - Channel analyzing Data from Mid 2011 onward - as on 12 April'13



Nifty 50 - End of  Day  (EOD) Chart - Channel analyzing Data from Nov' 2012, onward - as on 12 April'13




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

The Three Outside Down's effect over the week continued even as the Bulls Oscillated around our mark of 5538.
Position of the STS on the EOW, shows the Bull's next possible support #4.
The Bulls almost take the Short Term screen to neutral zone.
Bulls slip below the 13 SMA on the EOM #1.
Price heads towards the 50% Fibonacci retrace of the Jan'12 low to All time high #5.
Price also nears the 76.4% Fibonacci retrace of the 2009 low and All time high #3.



Three Outside Down' Triggered #1 after last month's close and Bulls fight to hold near the 13 SMA - EOM.





Looking Forward into the next Week:

50 SMA and 200 SMA, convergence towards a death cross to be watched #5.
Staying below 5538, the 13 SMA on the Month Charts #1 for the rest of the month, is important for Bears - to continue the fall.
Bullish Cross/deflection of the 5 EMA and 13 SMA to be watched for #5.
Bulls look to get above the 13 SMA on the Month Chart #1.
Support for the coming week is the 50% Fibonacci Retrace of the Jan'12 low to All time high #5.
34 EMA on the Month Chart is next support after that #1.



The Three Outside Down's effect continues, if the Bulls cannot get above 5538 (EOW).