Monday, August 28, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Boxed - Week 5 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 boxed between the Tenkan Sen and the Kijun Sen. 
Bulls keep the Higher Low (2406+) in the series of minor Higher Highs and Higher Lows seen.


Wrap: 
Index boxed between the red and blue lines.



Looking forward into this Week:

Bulls now seek to close, well above the Tenkan Sen - 2450. 

Bears hope to get below the Kijun Sen (2406 - Red Line)
Defending the Higher Low is the Bull plan. 


Wrap:
Index ranged between strong support and resistance - Break, could set new direction.




CAC 40 (Europe Paris) - Ichimoku Weekly Study - High Wave - Week 5 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 stays below the Range (centre) between the Tenkan Sen (Blue) and Kijun Sen (red).

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

Wrap:
Index again closes just below the Kijun Sen. 

 



Looking Forward into this Week:


Bulls again seek to keep the Chikou Span (Left) above the Price Line and are good to trigger a 'Three inside up' candle pattern.

Senkou Span A&B converging (Right) is Bear Hope.
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 trigger a Bearish Tenkan Sen (blue) - Kijun Sen (red) Cross.
Bulls want to trigger a Three Inside up and make this a Higher low by keeping the action above 4980.





Nifty (Asia India) - Ichimoku Weekly Study - Doji Bull - Week 5 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 once again takes support at the 127% Fibonacci of the last major Hi Lo, and closes above the Tenkan Sen (Blue line - Center).
Last week's candle closes above the previous week's candle - keeping hopes for a 'Three inside up' alive.

Wrap:
Index hangs around the 127% Fibonacci, Keeps Bull hopes alive.





Looking Forward into this Week:


Bulls seek to use the current support to make a Three inside up pattern, and stay above the Tenkan Sen (blue - centre).

Bears look to move the index below Fibonacci 127% and prevent a Three inside up.

Wrap: 
Bulls hold on to the Higher Low and now want a 'Three inside up'.

Bears need to dive well below the Kijun Sen (red line @9500) to rock the boat.





Brent Crude Oil - Ichimoku Weekly Study - Hang Men - Week 5 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 on the screen are two Hangman Candlestick just below the Kumo Top (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 2 Hangman candles, still below the Kumo Top and above the red and blue supports.




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' (right) helps Bears.


Wrap:
 
Eager Bulls, look to hold the large wave 'Higher Low' and  POP out of the Kumo.
Bears again look to HANG out near the Kumo bottom, defending the resistance ($53) of the last few weeks.






Tuesday, August 22, 2017

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Kijun Sen Support - Week 4 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 stays below Tenkan Sen and takes support well above the Kijun Sen
. 
Bulls keep the Higher Low (2406+) in the series of minor Higher Highs and Higher Lows seen.


Wrap: 
Bulls take support above the Kijun Sen (red line)



Looking forward into this Week:

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

Bears hope to get below the Kijun Sen (2406 - Red Line)
Defending the Higher Low is the Bull plan. 


Wrap:
Bulls want a green week and life above the Tenkan Sen.
Bears seek to get the index below 2406, the Kijun Sen and make a lower low.




CAC 40 (Europe Paris) - Ichimoku Weekly Study - Inside week - Week 4 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 stays below the Range (centre) between the Tenkan Sen (Blue) and Kijun Sen (red).

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

Wrap:
Index closes just below the Kijun Sen. 

 



Looking Forward into this Week:


Bulls want to keep the Chikou Span (Left) above the Price Line and trigger a 'Three inside up' candle pattern.

Senkou Span A&B converging (Right) - would favour 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 want to trigger a Three Inside up and make this a Higher low by keeping the action above 4980.





Monday, August 21, 2017

Nifty (Asia India) - Ichimoku Weekly Study - Inside Week - Week 4 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 takes support at the 127% Fibonacci of the last major Hi Lo, and closes above the Tenkan Sen (Blue line - Center).
Last week's candle is inside the previous week's candle - inside week.

Wrap:
Index finds support around the 127% Fibonacci, Inside week.





Looking Forward into this Week:


Bulls seek to use the current support to make a Three inside up pattern, and stay above the Tenkan Sen (blue - centre).

Bears look to move the index below Fibonacci 127% and prevent a Three inside up.

Wrap: 
Bulls manage a Higher Low and now want a 'Three inside up'.

Bears need to slip below the Tenkan Sen (blue line @9793) to stay in the game.






Brent Crude Oil - Ichimoku Weekly Study - Hangman Pop - Week 4 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 on the screen is a Hangman Candlestick at the Kumo Top (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 Hangman candle, still near the Kumo Top and above the red and blue supports.




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' (right) helps Bears.


Wrap:
 
Hopeful Bulls, look to hold the large wave 'Higher Low' and  POP out of the Kumo.
Bears look to HANG out near the Kumo bottom, defending the resistance ($53) of the last few weeks.




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.