Monday, May 22, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Higher Low - Week 4 of May 2017.






Zoom into chart .. Click 



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

Index drops to Support at the Tenkan Sen (Blue) as marked above - and bounces back.
The All Time High is resistance again.

Wrap: 

Bulls defend the First Supports - making a Higher Low. Bears hold the ATH.




Looking forward into this Week:

Bears need to hold the current ATH (All Time High) to get back in the game.
Bulls after defending the Support have  momentum to spare.
Index Support and Resistance possibilities are marked as above. 


Wrap:
Bulls look to crack the ATH, staying above current support at the Tenkan Sen (blue line).
Bears hope to restart the downward momentum after two
 red weeks, defending the current top





CAC 40 (Europe Paris) - Ichimoku Weekly Study - Return @ 113% - Week 4 of May 2017.








Zoom into 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 retraces from the Fibonacci 113% of the Last major 'High Low', to the August 2015 High (Support).

Chikou Span (White) stays, way above the Price line (extreme left) - but dips.

Wrap:
Index falls after the Hangman candle. Bulls defend the August 2015 High. 

 



Looking Forward into this Week:


Bears hope to get below the Tenkan Sen and close the Gap in the candles.
Bulls seek to maintain the current Higher High - Higher Low.

Senkou Span A&B way apart - favors Bulls.

Wrap:

Hopeful Bears want a Double Top and life below the Tenkan Sen (Center).
Bulls look to trend along, all the way to the 162% Fibonacci retrace.. 






SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - Un-decided @ 113% - Week 4 of May 2017.






Zoom into chart .. Click 



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


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

Bulls continue to make new All time Highs (ATH) now hesitating at Fibonacci 113% of the last major Range. 

Chikou Span (white) points up (see extreme left). 
The Tenkan Sen (blue) was Support, which Index launched itself from, to this new high.

Wrap:
Bulls make another 'All Time High', hesitating at the Fibo 113%. 




Looking Forward into this Week:


Bears hope that the resistance at the Fibonacci 113% as above, can result in some downside.
Chikou Span, preferably, needs to stay pointed away from the Price line, to keep the Bull move, going.


Wrap: 
Bulls riding the Bullish 'Tenkan Sen- Kijun Sen Cross', want to clear 9545 and aim for 9600+.

Bears, hope to get the index below the Kijun Sen (red line) and aim for sub 7070 levels.






Saturday, May 20, 2017

Brent Crude Oil - Ichimoku Weekly Study - Fibo Stop - Week 4 of May 2017.








Zoom into 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 pauses at the 61.8% Fibonacci retrace of the last Major Hi-Lo.
Senoku Span A&B start a bullish deflection (extreme Right)
Chikou Span (white) stays above the price line (extreme left).

Wrap:   
Index bounces from the Kumo & Kijun Sen (Monthly) to the Fibo 61.8%.



Looking Forward into this Week:

Chikou Span looks good to deflect off the Price Line.
Bearish cross/Bullish deflection of the.. 
a) Kijun Sen (red) & Tenkan Sen (blue), b) Senoku Span A&B, is on.
Index now on Lower High, Lower Low mode and where it goes from here becomes critical for Bulls.

Wrap: 
Bulls after bouncing at the Kumo, look for a Higher High.
Bears seek to press their advantage and keep the 'Lower Low - Lower  High', going with a turn down, below the last high.



Monday, May 15, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Three time ATH - Week 3 of May 2017.







Zoom into chart .. Click 



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

Index keeps above Support at the Tenkan Sen (Blue) as marked above.
The All Time High is resistance again.

Wrap: 

Bears hold the index, keeping it a Double Top.




Looking forward into this Week:

Bears need to hold the Double Top to get back in the game.
Bulls keep the pressure on, pushing for Higher Highs, to beat the Double Top.
Index Support and Resistance possibilities are marked as above. 


Wrap:
Bulls look to crack the Double Top, staying above current support at the Tenkan Sen (blue line).
Bears hope to restart the downward momentum after the red week, defending the current top






CAC 40 (Europe Paris) - Ichimoku Weekly Study - High @ 113% - Week 3 of May 2017.








Zoom into 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 Hangs around under the Fibonacci 113% of the Last major 'High Low'

Chikou Span (White) stays, way above the Price line (extreme left) - but dips.

Wrap:
Index makes a Hangman candle. Bears hold the 113% Fibo as marked. 

 



Looking Forward into this Week:


Bears hope to hold the resistance line 113% Fibo, and move the index down.
Bulls want to maintain the current Higher High - Higher Low.

Senkou Span A&B way apart - favors Bulls.

Wrap:

Hope Filled Bears want a Double Top and life below the Tenkan Sen (Center).
Bulls look to trend along, all the way to the 162% Fibonacci retrace.. 







SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - 'All Time High' @ 113% - Week 3 of May 2017.





Zoom into chart .. Click 



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


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

Bulls continue to make new All time Highs (ATH) now at Fibonacci 113% of the last major Range. 

Chikou Span (white) points up (see extreme left). 
The Tenkan Sen (blue) was Support, which Index launched itself from, to this new high.

Wrap:
Bulls make another 'All Time High', just below the Fibo 113%. 




Looking Forward into this Week:


Bears hope that the resistance at current ATH, can result in some downside.
Chikou Span, preferably, needs to stay pointed away from the Price line, to keep the Bull move, going.
Bear wish list, sees life below the Tenkan Sen, and a crash to sub 7070 levels.


Wrap: 
Bulls riding the Bullish 'Tenkan Sen- Kijun Sen Cross', want to stay above support at the Tenkan Sen (blue line) and aim for 9600+.

Bears, hope to get the index below the Kijun Sen (red line) and aim for sub 7070 levels.






Saturday, May 13, 2017

Brent Crude Oil - Ichimoku Weekly Study - Kumo Bounce - Week 3 of May 2017.







Zoom into 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 bounces from Kijun Sen (Monthly) and Kumo support (Center).
Senoku Span A&B head for a Meeting (extreme Right)
Chikou Span (white) stays above the price line (extreme left).

Wrap:   
Index bounces from the Kumo & Kijun Sen (Monthly) to the Kijun Sen (Weekly).



Looking Forward into this Week:

Chikou Span can slide down, above the Price line for some more.
Bearish cross/Bullish deflection of the a) Kijun Sen (red) & Tenkan Sen (blue), b) Senoku Span A&B, is on.
Index now on Lower High, Lower Low mode and where it goes from here becomes critical for Bulls.

Wrap: 
Bulls after bouncing at the Kumo, look for a Higher High.
Bears seek to press their advantage and keep the 'Lower Low - Lower  High', going with the invasion of the Kumo.




Wednesday, May 10, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Double Top? - Week 2 of May 2017.







Zoom into chart .. Click 



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

Index keeps above Support at the Tenkan Sen (Blue) as marked above.
The Old Top is resistance currently.

Wrap: 

Bears hold the index, keeping it a Double Top.




Looking forward into this Week:

Bears need to hold the Double Top to get back in the game.
Bulls seek Higher Highs, to beat the Double Top.
Index Support and Resistance possibilities are marked as above. 


Wrap:
Bulls look to crack the Double Top, staying above current support at the Tenkan Sen (blue line).
Bears hope to restart the downward momentum, defending the current top


Tuesday, May 9, 2017

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Bulls Run - Week 2 of May 2017.







Zoom into chart .. Click 


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



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

Bulls after making a higher low off the Tenkan Sen, Run up to above the Previous High.

Index shoots off to just under the Fibo 113% of the Last major High Low.
Chikou Span (White) stays, way above the Price line (extreme left).

Wrap:
Bulls run up after taking support at the Tenkan Sen(Blue Line). Bears hold the 113% Fibo. 

 



Looking Forward into this Week:


Bears hope to hold the resistance line 113% Fibo, and move the index down.
Bulls want to maintain the current Higher High - Higher Low.

Senkou Span A&B way apart - favors Bulls.

Wrap:

Hopeful Bears want a Double Top and life below the Tenkan Sen (Center).
Bulls look to trend, all the way 162% Fibo.





Monday, May 8, 2017

SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - Hovering @ All Time High - Week 2 of May 2017.






Zoom into chart .. Click 



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


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

Bulls hover around the All time High (ATH). 

Chikou Span (white) points up (see extreme left). 
The Tenkan Sen (blue) was Support to take Index to a new high.

Wrap:
Bulls after the 'All Time High', hover there. 




Looking Forward into this Week:


Bears hope that the resistance at the ATH, can result in some downside.
Chikou Span, preferably, needs to stay pointed away from the Price line, to keep the Bull move, going.
Bear wish list, sees life below the March 2015 High, and a crash to sub 7070 levels.


Wrap: 
Bulls riding the Bullish 'Tenkan Sen- Kijun Sen Cross', want to stay above support at the Tenkan Sen (blue line) and make new ATHs

Bears, hope to get the index below the Tenkan Sen, and dive to the Kijun Sen (red line). 







Saturday, May 6, 2017

Brent Crude Oil - Ichimoku Weekly Study - Kumo Stop - Week 2 of May 2017.







Zoom into chart .. Click


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


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

Kijun Sen (Monthly) and Kumo were support (Center).
Senoku Span A&B head for a Meeting (extreme Right)
Chikou Span (white) slides down above the price line (extreme left).

Wrap:   
Index stops exactly at the Kumo - even as Bearish Signals intensify.



Looking Forward into this Week:

Chikou Span can slide down above the Price line for some more.
Bearish cross/Bullish deflection of the a) Kijun Sen (red) & Tenkan Sen (blue), b) Senoku Span A&B, is on.
Index now on Lower High, Lower Low mode and the Support at the Kumo becomes critical.

Wrap: 
Bulls after holding the fall at the Kumo, look for a bounce.
Bears seek to press their advantage and keep the 'Lower Low - Lower  High', going....




Tuesday, May 2, 2017

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Support to Resistance 5285 - Week 1 of May 2017.








Zoom into chart .. Click 


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



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

Bulls bounce off the Tenkan Sen the previous week, make a higher low.

Index shoots off to just under the August 2015 High.
Chikou Span (White) spikes, way above the Price line (extreme left).

Wrap:
Index after taking support at the Tenkan Sen(Blue Line), Shoots  off to the Resistance line 5284.

 



Looking Forward into this Week:


Bears hope to hold the resistance line 5284 and make a double top,
Bulls want to maintain a Higher High - Higher Low.

Senkou Span A&B way apart - favors Bulls.

Wrap:

Hopeful Bears want a Double Top and life below the Tenkan Sen (Center).
Bulls look to trend, way above 5285 and prevent a Double Top.



SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - Tenkan Sen to ATH - Week 1 of May 2017.






Zoom into chart .. Click 



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


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

Bulls shoot up from support at the Tenkan Sen (Blue line).

Chikou Span (white) points up (see extreme left). 
The Tenkan Sen (blue) was Support and Index makes a new high.

Wrap:
Bulls bounce from support at the Tenkan Sen, make an 'All Time High'. 




Looking Forward into this Week:


Bull hope that the support at the Tenkan Sen, would save them the Blushes, pays off.
Chikou Span, preferably, needs to stay pointed away from the Price line, to keep the Bull move, going.
Bear wish list, sees life below the March 2015 High, and a crash to sub 7070 levels.


Wrap: 
Bulls riding the Bullish 'Tenkan Sen- Kijun Sen Cross', want to stay above support at the Tenkan Sen (blue line).

Bears plan, to get the index below the Tenkan Sen and dive to the Kijun Sen (red line). 





Monday, May 1, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Resistance @ Old Top - Week 1 of May 2017.






Zoom into chart .. Click 



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

Index took off from Support at the 1.62 extension as marked above.
The Blue weekly 'Tenkan Sen' is support and  the Old Top is resistance currently.

Wrap: 

The Index rises from Support to make a Double Top.




Looking forward into this Week:

Bears need to hold the Double Top to get back in the game.
Bulls seek Higher Highs, to beat the Double Top.
Index Support and Resistance possibilities are marked as above. 


Wrap:
Bulls look to crack the Double Top, staying above current support at the Tenkan Sen (blue line).
Bears hope to restart the downward momentum, defending the current resistance