Tuesday, August 15, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Support 2448 - Week 3 of August 2017.







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Introduction / Primer to Ichimoku can be read at this link (click).




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

Index dives below support at Tenkan Sen (2448)
. 
Bulls keep the Higher Low in the series of minor Higher Highs and Higher Lows seen.


Wrap: 
Bulls take a dive below the 213% Fibonacci, of the last Major Hi-Lo.



Looking forward into this Week:

Bulls now seek to close above the Tenkan Sen - 2448
. 

Bears hope to get below the Kijun Sen (Red Line)
Defending the Higher Low is the Bull plan. 


Wrap:
Bulls need life above 2448.
Bears seek to keep the index below the Tenkan Sen and  then make a lower low.





CAC 40 (Europe Paris) - Ichimoku Weekly Study - Range Break - Week 3 of August 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 below the Range (centre) between the Tenkan Sen (Blue) and Kijun Sen (red).

Senkou Span A & B converge (right).
Chikou Span, near the Price Line (left).

Wrap:
Index breaks below the Kijun Sen. 

 



Looking Forward into this Week:


Bulls want to keep the Chikou Span (Left) above the Price Line and get Price back in range.

Senkou Span A&B converging (Right) - favours Bears.
A deflection or cross of the Tenkan Sen and Kijun Sen (Centre) - gives direction next.

Wrap:

Bears seek to keep the index below the Kijun Sen and headed for the Kumo.
Bulls seek to keep the Chikou Span above the Price Line and make this a Higher low by keeping the action above 4980.



Monday, August 14, 2017

Nifty (Asia India) - Ichimoku Weekly Study - Below the Blue - Week 3 of August 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 after the High Wave (indecision) at the 141% Fibonacci of the last major Hi Lo, dives below the Tenkan Sen (Blue line- Center).
Bulls close near support at the 127% Fibonacci and above the Kijun Sen (Red - centre).

Wrap:
Bulls find support around the 127% Fibonacci, Bears break index below the Tenkan Sen, after a 30 week run, above it.





Looking Forward into this Week:


Bulls seek to use the current support to get back above the Tenkan Sen (blue - centre).

Bears look to continue withe the momentum, pushing for a move of the index below Fibo 127%.

Wrap: 
Bulls slipping below the 'Tenkan Sen', after a 30 week, run above it,  seek to return to trend, by making this a Higher Low.

Bears need to continue weekly below the Tenkan Sen (blue line @9797) to stay in the game.








Brent Crude Oil - Ichimoku Weekly Study - Star - Week 3 of August 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)

Last Three candles show a Doji Star.
Index blocked by the Kumo Top and the 61.8% Fibonacci as marked above (centre).
Senkou Span A and B, stay crossed Bearishly (right extreme). 
Chikou Span between the Blue and Red lines and below the Price line (left).

Wrap:   
Index makes a Doji Star, right at the Kumo Top.




Looking Forward into this Week:

Chikou Span getting above the Price line is now the Bull hope (left).
Clearing the 61.8% and heading to the 127% (centre) is the next Bull Need.
Senkou Span A&B, Bearish 'cross', with a Doji Star at 61.8% and a High wave candle (indecision) helps Bears.



Wrap:
 
Hopeful Bulls, look to hold the large wave 'Higher Low' and  make a Smaller wave 'Higher High'.
Bears seek a fall to the Kumo bottom, after the Bearish Senkou Span A & B cross (right) with the Doji Star at 61.8% ($53) last week.





Tuesday, August 8, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Dodgy Doji - Week 2 of August 2017.







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Introduction / Primer to Ichimoku can be read at this link (click).




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

Index again makes a Doji (read indecision) above the 200% Fibonacci retrace of the 
July 2015 High to the February 2016 Low (Last major Hi-Lo). 
Bulls kept it well above the Tenkan Sen (Support) last week.

Wrap: 

Bulls again ponder the next move, staying above the 200% Fibonacci, of the last Major Hi-Lo.



Looking forward into this Week:

Bulls now seek to reach the 
213% Fibonacci retrace of the Last major Hi-Lo. 
Bears hope to get below the Tenksn Sen (Blue Line)
Index Support and Resistance possibilities, are marked above. 


Wrap:
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace.
Bears seek to take the index below the Tenkan Sen using the current indecision.






Monday, August 7, 2017

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Range Narrows - Week 2 of August 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 spans the Range marked between the Tenkan Sen (Blue) and Kijun Sen (red) perfectly.

Senkou Span A & B converge (right extreme of cloud).

Wrap:
Index spans the range and closes the week at the top end. 

 



Looking Forward into this Week:


Bulls seek a Break above the Blue Tenkan Sen.

Senkou Span A&B converging (extreme Right) - favours Bears.
A deflection of the Tenkan Sen and Kijun Sen (centre) - is the Bull ask.

Wrap:

Bears seek to keep the index below the Tenkan Sen and head for the Kijun Sen.
Bulls after closing last week neat the blue line, look to trend up, clearing the resistance (blue line) and the old High as marked. 





Nifty (Asia India) - Ichimoku Weekly Study - Above Support - Week 2 of August 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) 


Bulls attempt to take the index to the next Level (162%) as marked. 
Index High Wave (indecision) at the 141% Fibonacci of the last major Hi Lo.
Bulls keep it above the Weekly Support (Tenkan Sen - Blue) and make a new All Time High (ATH).

Wrap:
Bulls keep 10K. Bears force a High Wave candle last week.





Looking Forward into this Week:


Chikou Span (extreme left), preferably, needs to stay pointed away from the Price line, to keep the Bull move going.

Bears now want to follow up the 'High Wave; candle with a move of the index below Fibo 141%.

Wrap: 
Bulls riding above the 'Tenkan Sen', for the last 25+ weeks, want to reach the 162% Fibo. retrace of the last major Hi Lo (10500+).

Bears need life below the Tenkan Sen (blue line) to stay in the game.





Saturday, August 5, 2017

Brent Crude Oil - Ichimoku Weekly Study - Kumo Block - Week 2 of August 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)

Senkou Span A and B, stay crossed Bearishly (right extreme). Index makes a High Wave,
Index blocked by the Kumo Top and the 61.8% Fibonacci as marked above (centre).
Chikou Span nears the resistance at the Price line (left) - deflects at Blue line.

Wrap:   
Index blocked at the CRITICAL 61.8% Fibo. (centre). Senkou Span A & B in a bearish cross (right)




Looking Forward into this Week:

Chikou Span above the Price line is now the bull ask (left).
Clearing the 61.8% and heading to the 127% is the next Bull need.
Senkou Span A&B, Bearish 'cross', with Resistance at 61.8% and a High wave candle (indecision) helps Bears.



Wrap:
 
Bulls look to hold the large wave 'Higher Low' and  make a Smaller wave 'Higher High'.
Bears seek a fall to the Kumo bottom, after the Bearish Senkou Span A and B cross (right) with resistance at 61.8% ($53) holding last week.


Monday, July 31, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji Days - Week 1 of August 2017.






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Introduction / Primer to Ichimoku can be read at this link (click).




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

Index makes a Doji (read indecision) above the 200% Fibonacci retrace of the 
July 2015 High to the February 2016 Low (Last major Hi-Lo). 
Bulls kept it well above the Tenkan Sen (Support) last week.

Wrap: 

Bulls undecided above the 200% Fibonacci, of the last Major Hi-Lo.



Looking forward into this Week:

Bulls now seek to reach the 
213% Fibonacci retrace of the Last major Hi-Lo. 
Index Support and Resistance possibilities, are marked above. 


Wrap:
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace, of the above mentioned Hi-Lo.
Bears seek to take the index below the 200% Fibo retrace, and take the index below the Tenkan Sen using the current indecision.





CAC 40 (Europe Paris) - Ichimoku Weekly Study - Range Doji - Week 1 of August 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 takes Support at the Kijun Sen (weekly - red), Still in the Range marked.

Senkou Span A & B converge (right extreme of cloud).

Wrap:
Index makes a Doji (implying indecision) and takes support at the Kijun Sen (red line). 

 



Looking Forward into this Week:


Break above or below the Blue Tenkan Sen or Red Kijun Sen determines the next move.

Senkou Span A&B converging (extreme Right) - favours Bears.
A deflection of the Tenkan Sen and Kijun Sen (centre) - favours Bulls.

Wrap:

Bears seek to keep the index below the Tenkan Sen and get below the Kijun Sen.
Bulls after establishing support at the red line, look to trend up, clearing the resistance (blue line) and the old High as marked. 





Nifty (Asia India) - Ichimoku Weekly Study - 10000 !!! - Week 1 of August 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) 


Bulls settle above the psychological 10K. 
Index almost makes a Bearish Shooting Star at the 141% Fibonacci of the last major Hi Lo.
Bulls keep it above the Weekly Support (Tenkan Sen - Blue) and make a new All Time High (ATH).

Wrap:
Bulls make 10K. Bears had a Bearish Shooting star candle, for the week, in mind.





Looking Forward into this Week:


Chikou Span (extreme left), preferably, needs to stay pointed away from the Price line, to keep the Bull move going.

Bears now pray the 'Almost' Bearish Shooting Star candle, holds the index below Fibo 141%.

Wrap: 
Bulls riding above the 'Tenkan Sen', for the last 25+ weeks, want to reach the 162% Fibo. retrace of the last major Hi Lo (10500+).

Bears are desperate for life below the Tenkan Sen (blue line).





Saturday, July 29, 2017

Brent Crude Oil - Ichimoku Weekly Study - Kumo Peek - Week 1 of August 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)

Senkou Span A and B, cross Bearishly (right extreme).
Index clears the Tenkan Sen (blue line), Kijun Sen (Red Line) and Peeks out of the Kumo with one massive green candle.
Chikou Span nears the resistance at the Price line (left)

Wrap:   
Index almost at the CRITICAL 61.8% Fibo(center). Senkou Span A & B in a bearish cross (right)




Looking Forward into this Week:

Chikou Span above the Price line is now the bull ask (left).
Clearing the 61.8% and making the 127% is the next Bull need.
Senkou Span A&B, Bearish 'cross', with Resistance at 61.8% is Bear plank.



Wrap:
 
Bulls look to hold the large wave 'Higher Low' and  make a Smaller wave Higher High.
Bears seek life inside the Kumo after the Bearish Senkou Span A and B cross (right) with resistance at 61.8% ($53) holding.




Monday, July 24, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Level Next? - Week 4 of July 2017.





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Introduction / Primer to Ichimoku can be read at this link (click).





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

Index firms up above the 200% Fibonacci retrace of the 
July 2015 High to the February 2016 Low (Last major Hi-Lo). 
Bulls kept well above the Tenkan Sen last week.

Wrap: 

Bulls clear the 200% Fibo of the last Major Hi-Lo.



Looking forward into this Week:

Bulls now seek to stay above the 
200% Fibonacci retrace of the Last major Hi-Lo. 
Index Support and Resistance possibilities (new) are marked as above. 


Wrap:
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace, of the above mentioned Hi-Lo.
Bears seek to take the index below the 200% Fibo retrace, and take the index below the Tenkan Sen.