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Monday, November 21, 2016

US - S&P 500 - Triple Screen 'Technical Analysis' - Mid Channel All Time High - Week 4 of November 2016.









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


Patterns:
Bears close the week below 2184, but Day Fork top fails to hold the Bull run #Daychart.

Support & Resistance:
Support was at the daily 5 EMA #DayChart. Resistance near the Week Fork Mid #Weeklychart.

Moving Averages:
The critical EMA5, is bearishly below the MA13, only on the Week Chart #Weekchart.

Indicators:
The RSI reaches the 50% #WeekChart.


Wrap:

Bulls defend the 200 MA #DayChart and go green up to the Weekly Fork Middle #WeeklyChart. Bears defend 2184 on week close.






Looking forward into this Week:



Patterns:
The index is looking at a new ATH (All Time High old is 2194) #MonthChart.

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

Moving Averages:
5 EMA on the Week chart i,e, 2152, is the mark, that the  Bear want to get below this week #WeekChart.

Indicators:
STS is in the over sold #DayChart.


Wrap:
Bulls after taking off from the 200 MA, look to take out the ATH #MonthChart.
Bears need to stay below 2194 and prevent a Clear Higher High #WeekChart.






CAC 40 - Ichimoku Weekly Study - Kumo Top Stop - Week 4 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 leaps above the Tenkan Sen, after the Higher Low studied last week.

Weekly and Monthly resistances in close proximity, ensure that the index stops exactly at the Kumo Top (center). 
Chikou Span (extreme left), keeps above the Price line.


Wrap: 
Index stays in the Kumo after being turned down by Weekly and Monthly Resistances. 




Looking Forward into this Week:


Bears want to get the index below the Kumo after defending the Weekly resistance line.

Bulls maintain the Higher Low and now search for a higher high.
Senoku Span A & B (extreme right), meeting in the offing - Bearish Cross or Bullish Deflection next.


Wrap:
Bears look to get below the Kumo
, using the Kumo top resistance.
Bulls
seek life above the Kumo, using the support at the Tenkan Sen.





SGX Nifty - Ichimoku Weekly Study - Kumo Landing? - Week 4 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)

With a Bearish Kijun Sen Cross, Index continues down, and its now almost at the Kumo.

Monthly resistance stands between the Kumo top and the Current Close
Chikou Span stops exactly at the Senoku Span A (extreme left).


Wrap: 
Index resisted by the Tenkan Sen, falls below the Kijun Sen and is at the Monthly Support. 



Looking Forward into this Week:


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

Kijun Sen - Weekly Resistance - important for Bulls to re-conquer.
Chikou Span - Bearish Cross or Bullish Deflection with the Senoku Span A and or Priceline, next.


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