Monday, February 27, 2017

S&P 500 (Americas US) - 'Weekly Technical Analysis' - AB=CD @ 3.14? - Week 1 of March 2017.







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


Patterns:
Index closes week above the Monthly Fork's top Tyne #Monthlychart. An 'AB=CD' formation is possible on the Short term Chart (google 'AB=CD' to study).

Support & Resistance:
The Index gets support it the 0.75 section of the Gann box (google 'Gann box' to study). Resistance was just below the AB=CD pattern's 3.14 extension.

Moving Averages:
The critical EMA 5, is bullishly above the MA 13, on all Screens. 

Indicators:
The revised TSI is at the 76.8% Fibo Retrace #MonthlyChart. 


Wrap:  


The AB=CD pattern studied last week, plays into the 3.14 extension.




Looking forward into this Week:


Patterns:
Month fork with a Span of 25 years - sees the Price peep above its top Tyne. AB=CD has a target of 2373.

Support & Resistance:
The Index gets support at the '0.75' Price level of the Gann box while resistance is at the '1' level.

Moving Averages:
5 EMA on the Month chart (2216), is the mark, that the Bears have to close below, this month, to impact the up move #MonthlyChart.

Indicators:
TSI above 76.8% Fibo Retrace, helps Bulls #MonthlyChart. 


Wrap:
Bulls peeping above the Long term Channel top, could be negotiating a major breakout #MonthChart.
Bears hope to use the Bearish AB=CD, to get below 2300





CAC 40 (Europe Paris) - Ichimoku Weekly Study - Tenkan Sen Support - Week 1 of March 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 again makes the Tenkan Sen a support.

Last few weeks ranged between the 61.8% and 78.6% Fibonacci retrace, of the last major High and Low.
Chikou Span (White) flat (extreme left).

Wrap:
Last week the index stays above the Tenkan Sen - still within the larger range marked.

 



Looking Forward into this Week:


Bears want to see the Chikou Span headed back towards the Kumo (extreme left).
Index seeks a range break - out of the two Fibonacci ratios marked
.
Bulls have the choice of the Tenkan Sen, Kijun Sen or Kumo for Support

Wrap:


Index in range mode, show intent to take support and trend up.
Bears would try again to get index below the Tenkan Sen (Center).




SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - @ Old Resistance - Week 1 of March 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)

Keeping above support @78.6% Fibonacci retrace (between last major High and Low), Index makes a run for the previous High.

Chikou Span (white) above the Price line (see extreme left). .Tenkan Sen and Kijun Sen meet.
Resistance (blue) line the previous High was reached by Bulls.

Wrap:
index takes off from support and returns from Resistance marked.




Looking Forward into this Week:


Bears pray for a Bearish deflection of the Tenkan Sen and the Kijun Sen next.
Chikou Span - needs to stay above the Price line to keep the Bull move alive.
Life above the September 2016 high
 (marked) is the Bull ask.



Wrap: 
Bears hope to prevent a Higher High and get Index back below Weekly Support. 

Bulls plan to make a dash above the September High and make a Higher High. 




Saturday, February 25, 2017

Brent Crude Oil - Ichimoku Weekly Study - Tenkan Sen Dance - Week 1 of March 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 remains Flat in a range - last few weekly candles land around Support.
Index between the 61.8% and 78.6% Fibo retrace of the last major High & Low.
Chikou Span (white), flat (see extreme left).

Wrap:   

Chikou Span flat, Index is Flat. Last week's candle is a deuce. 



Looking Forward into this Week:

Bulls want to stay above the Tenkan Sen and make the Higher High (Center).
Bears want to see the Chikou Span, head to the Kumo.
The index stays in the range defined - range break imminent.

Wrap: 

Bulls want a breakout and continuation of up trend. 
Bears want to see the Index get below the marked supports.


Say..








Monday, February 20, 2017

S&P 500 (Americas US) - 'Weekly Technical Analysis' - AB=CD? - Week 4 of February 2017.









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


Patterns:
Index peeps above the Monthly Fork's top Tyne #Monthlychart. An 'AB=CD' formation is possible on the Short term Chart (google 'AB=CD' to study).

Support & Resistance:
The Index gets support it the 0.75 section of the Gann box (google 'Gann box' to study). Resistance was just below the AB=CD pattern's 2.618 extension.

Moving Averages:
The critical EMA 5, is bullishly above the MA 13, on all Screens. 

Indicators:
The TSI is into the 76.8% Fibo Retrace #MonthlyChart. 


Wrap:  


The AB=CD pattern studied last week, plays into the 2.618 extension.




Looking forward into this Week:


Patterns:
Month fork with a Span of 25 years - sees the Price peep above its top Tyne. AB=CD has a target of 2356.

Support & Resistance:
The Index gets support at the '0.75' Price level of the Gann box while resistance is at the '1' level.

Moving Averages:
5 EMA on the Month chart (2216), is the mark, that the Bears have to close below, to impact the up move #MonthlyChart.

Indicators:
TSI above 76.8% Fibo Retrace, helps Bulls #MonthlyChart. 


Wrap:
Bulls peeping above the Long term Channel top, could be negotiating a major breakout #MonthChart.
Bears hope to use the current patterns to get below 2300



CAC 40 (Europe Paris) - Ichimoku Weekly Study - Ranged - Week 4 of February 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 the Tenkan Sen a support now.

Last 10 weeks ranged between the 61.8% and 78.6% Fibonacci retrace, of the last major High and Low.
Chikou Span (White) flat (extreme left).

Wrap:
Last week the index crept above the Tenkan Sen - still within the larger range marked.

 



Looking Forward into this Week:


Bears want to get the Chikou Span headed back towards the Kumo (extreme left).
Index seeks a range break - out of the two Fibonacci ratios marked
.
Bulls have the choice of the Tenkan Sen, Kijun Sen or Kumo for Support

Wrap:


Index in range mode, looks good to take support and trend up.
Bears seek to get index below the Tenkan Sen (Center - Weekly).






SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - Deliberation & Support - Week 4 of February 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 deliberation leads to a red candle - Deliberation was above support @78.6% Fibonacci retrace (between last major High and Low).

Chikou Span (white) above the Price line (see extreme left) .
Resistance (blue) line marked matches with a Higher High.

Wrap;
Deliberation leads to a red candle - index takes support as marked.




Looking Forward into this Week:


Bears would like a Bearish deflection of the Tenkan Sen and the Kijun Sen next.
Chikou Span - needs to stay above the Price line to keep the Bull move alive.
Life above the September 2016 high
 (marked) is the Bull ask.



Wrap: 
Bears seek to prevent a Higher High and get Index back below Weekly Support. 

Bulls plan to make a dash above the marked High and make a Higher High. 



Saturday, February 18, 2017

Brent Crude Oil - Ichimoku Weekly Study - Support Holds - Week 4 of February 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 remains Flat in a range - last week's candle landed exactly on Support.

Tenkan Sen (blue) flattens and continues to support the index.
Chikou Span (white), flat too (see extreme left).

Wrap:   
Chikou Span flat
, Index is Flat. Last week's honors go to the Bears. 



Looking Forward into this Week:

Bulls want to stay above the Tenkan Sen and make the Higher High (Center).
Bears want to see the Chikou Span, head to the Kumo.  
The index stays flat / range-bound - range break imminent.


Wrap: 
Bulls want  more green, with life near old Highs and a continuation of up trend. 
Bears want to see the Index get below the marked supports.




Say..




Monday, February 13, 2017

S&P 500 (Americas US) - Three D 'Technical Analysis' - 2323 to 2356 - Week 3 of February 2017.










Image link click



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


Patterns:
Index faces resistance at the Monthly Fork's top Tyne again #Monthlychart. A harmonic 'Bearish Crab' formation is possible on the Day Chart (google 'Harmonic Bearish Crab' to study) #Dailychart.

Support & Resistance:
The Index gets support at the 0.618 Price level of the Gann box (google 'Gann box' to study) #Dailychart. Resistance was just below the AB=CD pattern's 1.618 extension (google 'AB=CD' pattern to study) #Dailychart.

Moving Averages:
The critical EMA5, is bullishly above the MA13, on all Screens. 

Indicators:
The TSI is into the 76.8% Fibo Retrace #MonthlyChart. 


Wrap:  


The AB=CD and the  'Bearish Crab' Harmonic patterns seem to confluence #Dailychart.




Looking forward into this Week:


Patterns:
Month fork with a Span of 25 years - sees the Price touch its top tyne. Harmonic AB=CD and Bearish Crab formations, #Dailychart seem to confluence around 2323. Edit : The AB=CD target @2.16 Fibonacci is 2356 (see third image above).

Support & Resistance:
The Index gets support at the 0.75 Price level of the Gann box while resistance is at the 1 level.

Moving Averages:
5 EMA on the Month chart (2216), is the mark, that the Bears have to close below, to impact the up move #MonthlyChart.

Indicators:
TSI above 76.8% Fibo Retrace, helps Bulls #MonthlyChart. 


Wrap:
Bulls are again at the Long term Channel top, now looking at a breakout #MonthChart.
Bears hope to use the current patterns to get below 2300 #Dailychart. 



CAC 40 (Europe Paris) - Ichimoku Weekly Study - Double Doji - Week 3 of February 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 the Tenkan Sen a resistance with last week showing another massive Doji.
Chikou Span (White) flattens  with inaction (extreme left).

Wrap:
Last week was a second Doji and index slipped under the Tenkan Sen.

 



Looking Forward into this Week:


Bears want to get the Chikou Span headed back towards the Kumo (extreme left).
Bulls having achieved a higher high (weekly close) now look to go bottom out near a strong support.
Bulls have the choice of the Tenkan Sen, Kijun Sen or Kumo for Support


Wrap:
 
Bulls in pause mode, still look good to take support and trend up.
Bears seek to keep index below the Tenkan Sen (Center - Weekly Support).






SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - Deliberate - Week 3 of February 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 stay above the Kijun Sen (red) and deliberate the next move.

Chikou Span (white) continues to climb, stays above the Price line (see extreme left) .
Resistance (blue) line marked matches with a Higher High.

Wrap;
Bulls deliberate next move after the Bullish Kijun Sen and Chikou Span Crosses.




Looking Forward into this Week:


Bears want to prevent the Tenkan Sen making a Bullish Cross with the Kijun Sen next.
Chikou Span - needs to stay above the Price line to keep the Bull move alive.
Life above the September 2016 high
 (marked) is the Bull ask.



Wrap: 
Bulls look to make a deliberate move to the previous High. 
Bears seek to prevent a Higher High and get Index back below Weekly Support. 





Saturday, February 11, 2017

Brent Crude Oil - Ichimoku Weekly Study - Support - Week 3 of February 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 remains Flat in a range - last week saw a Doji bisecting Support.

Tenkan Sen (blue) flattens and continues to support the index.
Chikou Span (white), flat too (see extreme left).

Wrap:   
Chikou Span flat
, Index is Flat. Range break expectations high. 



Looking Forward into this Week:

Bulls want to stay above the Tenkan Sen and make the Higher High (Center).
Bears want to see the Chikou Span, head to the Kumo.  
The index stays flat / range-bound - range break imminent.


Wrap: 
Bulls want  more green, with life near old Highs and a continuation of up trend. 
Bears want to see the Chikou Span head down towards the  Kumo and the Index get below the marked supports.






Say..




Monday, February 6, 2017

US - S&P 500 - Triple Screen 'Technical Analysis' - Fork Top Holds - Week 1 of February 2017.










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


Patterns:
Index faces resistance at the Monthly Fork's top Tyne again #Monthlychart.


Support & Resistance:
The Index again gets support near the Middle Tyne of the Day Fork #Dailychart. Resistance was again at the Top Tyne of the Month Fork #Monthlychart.

Moving Averages:
The critical EMA5, is bullishly above the MA13, on all Screens. 

Indicators:
The RSI is oversold #WeeklyChart. 


Wrap:  

The top tyne of the Month fork resists the Bulls again #Monthlychart.




Looking forward into this Week:


Patterns:

Month fork with a Span of 25 years - sees the Price touch its top tyne and revert. Bulls need to breakout here, or index could fall to the fork's middle tyne.

Support & Resistance:
Middle Tyne of the Week Fork, is support and the Top Tyne of the Month Fork is again resistance.

Moving Averages:
5 EMA on the Week chart (2282), is the mark, that the Bears want to close below, this week #WeeklyChart.

Indicators:
STS slips from the over sold #DayChart.


Wrap:
Bulls are again at the Long term Channel top, now desperate for a breakout #MonthChart.

Bears hope to use the current resistance to go down below 2282 #Weeklychart. 



CAC 40 - Ichimoku Weekly Study - Support Retest - Week 1 of February 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 support near the Tenkan Sen with last week showing a massive Doji.
Chikou Span (White) points down (extreme left).

Wrap:
Last week was a Doji and index took Support near the Tenkan Sen.

 



Looking Forward into this Week:


Bears want to get the Chikou Span headed back towards the Kumo (extreme left).
Bulls having achieved a higher high (weekly close) now look to go bottom out near a strong support.
Bulls have the choice of the Tenkan Sen, Kijun Sen or Kumo for Support


Wrap:
 
Bulls in pause mode, still look good to take support and trend up.
Bears seek to get index below the Tenkan Sen (Center - Weekly Support).





SGX Nifty - Ichimoku Weekly Study - Kijun Sen Cross! - Week 1 of February 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)

Three White Soldiers pattern plays out and the Bulls cross the Kijun Sen (red).
Chikou Span (white) continues to climb, crosses above the Price line (see extreme left) .
Resistance (blue) line marked matches with a Higher High.

Wrap;
Index crosses the Kijun Sen, and then the Chikou Span makes a Bullish Cross.




Looking Forward into this Week:


Bears want to get the index below the Kijun Sen (red - Weekly Support) - and aim for life inside the Kumo.
Chikou Span - needs to stay above the Price line to keep the Bull move alive.
Life above the September 2016 high
 (marked) is the Bull ask.


Wrap: 
Bulls look to keep above the Weekly Support line, and continue to the previous High. 
Bears seek to prevent a Higher High and get Index back below Weekly Support. 




Brent Crude Oil - Ichimoku Weekly Study - Tenkan Sen Support - Week 1 of February 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 stays Flat in a range - last week saw the Bulls dominate.

Tenkan Sen (blue) climbs up to support the index.
Chikou Span (white), pips up (see extreme left).

Wrap:   
Chikou Span up
, Index is Flat. Range break expectations high. 



Looking Forward into this Week:

Bulls want to stay above the Tenkan Sen and make Higher Highs (Center).
Bears want to see the Chikou Span, point towards the Kumo.  
The index stays flat / range-bound - range break imminent.


Wrap: 
Bulls want  more green, with life near old Highs and a continuation of current trend. 
Bears want to see the Chikou Span head down towards the  Kumo and the Index get below the marked supports.