Saturday, October 21, 2017

Brent Crude Oil - Ichimoku Weekly Study - High Wave - Week 4 of October 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 an Engulfing pattern above support (Tenkan Sen - blue line), makes a 'Three Outside Up' pattern with a High Wave Candle.
Senkou Span A and B, diverge bullishly (right extreme). 
Chikou Span deflects off the Price line (left).
Tenkan Sen and Kijun Sen, diverge bullishly (center).


Wrap:   
Index makes an Three Outside Up pattern above support, Double Top in progress...




Looking Forward into this Week:

Mostl Signals favor Bulls, Bulls push for the Chikou Span deflection at the Price line, to continue.
Keeping above the 61.8% Fibonacci (Of this year's Hi and Lo) and reaching $62 is the Bull plan.
Throw back to the Kumo, is still possible with the High Wave candle and Double top: That's the Bear Hope.


Wrap:
 
Bears hope for a 'Throwback', with help from the Double TopHigh Wave Candle & resistance at the previous high.
Bulls seek to keep the advantage with the Three Outside Up. and support at the blue Tenkan Sen, for move towards $62. 




Tuesday, October 17, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji @ Fibonacci 227 - Start of Week 3 of October 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 stays way above support (i.e. Tenkan Sen - blue line) and Clears the Fibo 227%.
Bulls maintain Higher Highs and Higher Lows and close just above Fibo 227%.
Index makes a Doji, above all the Ichimoku Signals.


Wrap: 
Index makes a Doji, above Support - the Tenkan Se (blue line - 2488) with another ATH



Looking forward into this Week:

Bulls now seek to head towards the 262% Fibonacci.

Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.
Getting a red candle to start with, is the Bear Plan. 


Wrap:
Index above support at 2488 -  Another New All Time High; is the Bull plan.
Bears pray for a red Candle, after the indecisive Doji week.



Monday, October 16, 2017

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Bulls Falter? - Start of Week 3 of October 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 stays above the Tenkan Sen (Blue) and Kijun Sen (red) and reaches channel resistance.

Tenkan Sen (Blue) and Kijun Sen (red line) close in for a cross or deflection.
Chikou Span, stays above the Price Line (left).

Wrap: 
Index above all the signals on the screen - locked inside a 'Broadening Top Pattern'  as marked.
 



Looking Forward into this Week:


Deflecting (left) of the Chikou Span and Price Line gives advantage to the Bulls.

Failure to make a High above the May 2017 High, is Bear Hope.
Tenkan Sen (Blue) and Kijun Sen (red line) deflecting - good for Bears.

Wrap:

Bears seek to get the index below the Tenkan Sen (blue), looking for a failure at the Broadening Top.
Bulls after maintaining the Higher Low, seek to make a Higher High (above the May 2017, high).






Nifty (Asia India) - Ichimoku Weekly Study - All Time Highs and Resistances - Start of Week 3 of October 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 takes off above the Tenkan Sen (blue line), and reaches Channel Resistance. 

Bulls retain honors for a Higher High and Higher Low (by a whisker).
The Three Outside Down Pattern is Busted.


Wrap:
Index takes off above the Tenkan Sen and reaches the Channel Resistance Line
.




Looking Forward into this Week:


Bulls want to keep up the momentum and  reach the 162% Fibonacci, after the higher high and higher low.

Bears need to make a Lower Low and break the Kijun Sen (red line).

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10521).

Bears seek life below the Kijun Sen with help from the Broadening Top..






Saturday, October 14, 2017

Brent Crude Oil - Ichimoku Weekly Study - Engulfed above Support - Week 3 of October 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 keeps above support (Tenkan Sen - blue line) and makes an Engulfing pattern.
Senkou Span A and B, flatten but stay crossed bullishly (right extreme). 
Chikou Spandeflects off the Price line (left).
Tenkan Sen and Kijun Sen flatten and remain crossed bullishly (center).


Wrap:   
Index makes an Engulfing pattern above support, Throw Back in progress...




Looking Forward into this Week:

All Signals favor Bulls, Bulls push for the Chikou Span deflection at the Price line, to continue.
Keeping above the 61.8% Fibonacci (Of this year's Hi and Lo) and reaching $62 is the Bull plan.
Throw back to the Kumo, in progress - That's the Bear Hope.


Wrap:
 
Bears hope for a 'Throwback', with help from the shooting star & resistance at the previous high.
Bulls seek to keep the advantage with the Engulfing pattern. and support at the blue Tenkan Sen, for move towards $62. 




Monday, October 9, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Fibonacci 227 - Start of Week 2 of October 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 stays way above support, (Tenkan Sen - blue line) and Clears the Fibo 227%.
Bulls maintain Higher Highs and Higher Lows and close just above Fibo 227%.
Index above all the Ichimoku Signals.


Wrap: 
Index keeps above the Tenkan Se (blue line - 2485) with another ATH. 



Looking forward into this Week:

Bulls now seek to head towards the 262% Fibonacci.

Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.
Getting a red candle to start with, is the Bear Plan. 


Wrap:
Index above support at 2485 -  Another New All Time High; is the Bull plan.
Bears pray for a red Candle at least this week.







CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher High & 86.6% - Start of Week 2 of October 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 stays above the Tenkan Sen (Blue) and Kijun Sen (red) and reaches 86.6% of the previous High.

Tenkan Sen (Blue) and Kijun Sen (red line) close in for a cross or deflection.
Chikou Span, stays above the Price Line (left).

Wrap: 
Index above all the signals on the screen - Headed to the Fibo 113% as marked.
 



Looking Forward into this Week:


Deflection (left) of the Chikou Span and Price Line gives advantage to the Bulls for now.

Failure to make a High above the May 2017 High, (Left) is Bear Hope.
Tenkan Sen (Blue) and Kijun Sen (red line) deflecting - good for Bears.

Wrap:

Bears seek to get the index below the Tenkan Sen (blue), looking for a failure at the 86.6% mark to the last high.
Bulls after maintaining the Higher Low, seek to make a Higher High (above the May 2017, high).







Nifty (Asia India) - Ichimoku Weekly Study - Above the Blues - Start of Week 2 of October 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 closes above the Tenkan Sen (blue line), after taking off from support at the Kijun Sen (Red line - Center). 

Bulls retain honors for a Higher High and Higher Low (by a whisker).
Three Outside Down Pattern is in place.


Wrap:
Index slips above the Tenkan Sen but 
Three Outside Down Pattern  is  active.




Looking Forward into this Week:


Bulls want to restart the momentum and  reach the 162% Fibonacci, after the higher high and higher low.

Bears need to make a Lower Low and break the Kijun Sen (red line).

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10521).

Bears seek life below the Kijun Sen (9626) with help from the Three Outside Down Pattern,






Saturday, October 7, 2017

Brent Crude Oil - Ichimoku Weekly Study - Tenkan Sen (Blue line) Supports - Week 2 of October 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 faces resistance at previous High - makes a shooting star. Last week's candle is Red.
Senkou Span A and B, flatten but stay crossed bullishly (right extreme). 
Chikou Span meets the Price line (left).
Tenkan Sen and Kijun Sen flatten but remain crossed bullishly (center).


Wrap:   
Index resisted at previous High, Throw Back begins !?




Looking Forward into this Week:

All Signals favor Bulls, Bulls push for the Chikou Span deflection at the Price line.
Keeping above the 61.8% Fibonacci (Of this year's Hi and Lo) and reaching $62 is the Bull plan.
Throw back to the Kumo, in progress - That's the Bear Hope.


Wrap:
 
Bears hope for a 'Throwback', with help from the shooting star & resistance at the previous high.
Bulls seek to keep the advantage of Bullish Signals and support at the blue Tenkan Sen, for move towards $62. 






Tuesday, October 3, 2017

Nifty (Asia India) - Ichimoku Weekly Study - Higher Low by a Whisker - Start of Week 1, October 2017.






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


Learning from the Earlier Study: (click here for the previous post) 


Index slides to next support the Kijun Sen (Red line - Center) after breaking the Tenkan Sen. 

Bulls retain honors for a Higher High and Higher Low (by a whisker).
Last three weekly candles form an Three Outside Down Pattern.


Wrap:
Index stays above the Kijun Sen but makes 
Three Outside Down Pattern  last week.




Looking Forward into this Week:


Bulls want to restart the momentum and  reach the 162% Fibo., after the higher high and higher low.

Bears look to make a Lower Low and break the Kijun Sen (red line).

Wrap: 
Bulls intend the climb above the Tenkan Sen and reach the 162% Fibonacci (10521).

Bears seek life below the Kijun Sen (9626) with help from the Three Outside Down Pattern,






Monday, October 2, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Another ATH - Start of Week 1 of October 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 stays above support at the Tenkan Sen and Clears the Fibo 213%.
Bulls maintain Higher Highs and Higher Lows and make another new All Time High(ATH).
Index above all the Ichimoku Signals.


Wrap: 
Index keeps above the blue line (2470) with another ATH. 



Looking forward into this Week:

Bulls now seek to crack the 227% Fibonacci.

Bears need to get below the Kijun Sen (2425 - Red Line) to make a lasting  impact.
Getting a red candle to start with, is the Bear Plan. 


Wrap:
Index above support at 2470 -  Another New All Time High is the Bull plan.
Bears pray for a red Candle this week.






CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher High? - Start of Week 1 of October 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 stays above the Tenkan Sen (Blue) and Kijun Sen (red) and continues above the August 2015 Top.

Tenkan Sen (Blue) and Kijun Sen (red line) remain crossed bearishly.
Chikou Span, stays above the Price Line (left).

Wrap: 
Index above all the signals on the screen - Headed to the Fibo 113% as marked.
 



Looking Forward into this Week:


Deflection (left) of the Chikou Span and Price Line gives advantage to the Bulls for now.

Failure to make a High above the May 2017 High, (Left) is Bear Hope.
Tenkan Sen (Blue) and Kijun Sen (red line) remaining crossed bearishly - good for Bears.

Wrap:

Bears seek to get the index below the Tenkan Sen (blue) after a failure to make a higher high.
Bulls after maintaining the Higher Low, seek to make a Higher High (May 2017).




Saturday, September 30, 2017

Brent Crude Oil - Ichimoku Weekly Study - Old high Resists - Week 1 of October 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 faces resistance at previous High - makes a shooting star.
Senkou Span A and B, stay crossed bullishly (right extreme). 
Chikou Span near the Price line (left).
Tenkan Sen and Kijun Sen remain crossed bullishly (centre).


Wrap:   
Index resisted at previous High, Throw Back begins?.




Looking Forward into this Week:

All Signals favor Bulls, Bears hope the Chikou Span crosses below the Price line.
Keeping above the 61.8% Fibonacci (Of this year's Hi and Lo) and reaching $62 is the Bull plan.
Throw back to the Kumo, yet to happen - That's also the Bear Hope.


Wrap:
 
Bears hope for a 'Throwback', with help from the shooting star & resistance at the previous high.
Bulls seek to keep the advantage of Bullish Signals, with a quick move towards $62.