Nifty (Asia India) - Ichimoku Weekly Study - Target Zone - Start of Week 2 of November 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 at the target zone 10500+. 
Bulls retain honors for a Higher High and Higher Low.
Ichimoku Signals all move up in concert.


Wrap:
Index takes off above the Tenkan Sen and is near target the Fibonacci 162% (of last major Hi Lo) marked above.




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 head towards the Tenkan Sen (blue line).
The Bears expect the index to get shy near the target and hope for a red week. 

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears pray for a pause or deliberation in the Target Zone.

Brent Oil - Ichimoku Weekly Study - Bingo $62 !! - Week 2 of November 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 after a 'Three Outside Up' pattern makes the target $62 in style.

Senkou Span A and B, turn up bullishly (right extreme). 

Chikou Span deflects, way above the Price line (left).

Tenkan Sen and Kijun Sen, turn up bullishly (center).

Wrap:   

Index continues with the Three Outside Up pattern above support, Target of $62 done !!

Looking Forward into this Week:

All Signals currently favor Bulls.

Defending the 127% Fibonacci (Of this year's Hi and Lo) and turning towards the Kumo is the Bear plan.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.

Wrap: 

Bears hope for a 'Throwback', from resistance at target (127% Fibonacci).

Bulls hope to keep the advantage with the Three Outside Up, for move towards $67. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Dragon Fly - Start of Week 1 of November 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 way above support (i.e. Tenkan Sen - blue line) and nears the Fibo 262% as marked.

Bulls maintain Higher Highs and Higher Lows and close just below the Channel resistance.
Index makes a 'Dragon Fly Doji' up above all the Ichimoku Signals.

Wrap: 
Index makes a  'Dragon Fly Doji', above Support i.e. the Tenkan Sen (blue line) 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 all supports -  Another New All Time High; is the Bull plan.

Bears pray for a red Candle, and resistance near the Channel Top.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher High ! - Start of Week 1 of Nvember 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 above the Tenkan Sen (Blue) and Kijun Sen (red) and halts at channel resistance.
Tenkan Sen (Blue) and Kijun Sen (red line) ready for a cross or deflection.
Chikou Span, heads for the Price Line (left).

Wrap: 
Index above all the signals on the screen - Bulls manage a Higher High.
 



Looking Forward into this Week:

Deflecting (left) of the Chikou Span and Price Line gives advantage to the Bulls.
Bears mow hope for a retest of the Kumo.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing - good for Bulls.

Wrap:
Bears seek to get the index below the Kijun Sen (red), want the Chikou Span to point towards the Price line.
Bulls after making a Higher High, sek the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Fibonacci 161.8 - Start of Week 1 of November 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 clears the BT Channel Resistance (see last week's post) and heads for the target 10500+. 
Bulls retain honors for a Higher High and Higher Low.
Ichimoku Signals all move up in concert.


Wrap:
Index takes off above the Tenkan Sen and is near target the Fibonacci 162% (of last major Hi Lo) marked above.




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).
The Broadening Top Pattern (see last week's post) had different probabilities for Bulls and Bears - it favored the Bulls - Bears expect a throw back.

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+).
Bears seek life below the Kijun Sen with help from the Resistance line.