S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji on Support - Start of Week 4 of November 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 bounces off support (i.e. Tenkan Sen - blue line) and makes a Doji candle.

Bulls maintain Higher Highs and Higher Lows but end up with an uncertain Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index trades a Doji candle, but above Support i.e. the Tenkan Sen (blue line), ranging week.

Looking forward into this Week:

Bulls again would seek to reach the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make an impact.

Getting a red candle and getting below the Tenkan Sen, is the Bear Plan. 

Wrap:
Index above support -  Another New All Time High; is the Bull plan.

Bears pray for red and life below the critical 2550.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Holding at Support - Start of Week 4 of November 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 slides to take support exactly at the Kijun Sen (red line).
Tenkan Sen (Blue) above the Kijun Sen (red line).
Chikou Span, below the Price Line (left).

Wrap: 
Bulls maintain the Higher High. Bears repeat Red Week.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span above the Price Line will give the advantage to the Bulls.
Bears now hope for a retreat to the Kumo.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:
Bears after slowing the momentum, and getting more red on the screen, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, want the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Blue Line Holds - Start of Week 4 of November 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 continued its retreat from the target zone 10500. 
Bulls retain Higher High and Higher Low.
Perfect Support, at the Tenkan Sen, sends the index above the lows of the week.


Wrap:
Index retreats near target zone, the Blue line (Tenkan Sen), was perfect Support.




Looking Forward into this Week:

Bulls want to use the take off from support, to reach the 162% Fibonacci, after the higher high and higher low.
Bears seek to make a Lower Low and head below the Kijun Sen (red line).


Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears hope to build on the two red candles and make a lower low..

Brent Oil - Ichimoku Weekly Study - Above support - Week 4 of November 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 follows last week's  'Opening white Marubozu', with a red weekly candle.

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

Chikou Span turns towards the Price line (left).

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

Wrap:   

Index goes red after an 'Opening white Marubozu', above support at $62.x

Looking Forward into this Week:

All Signals currently favor Bulls.

Getting  below support and heading 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', to the Kumo.

Bulls hope to retain the advantage, keeping above support, for continuation move towards $67. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Bears get a red week - Start of Week 3 of November 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 below the channel top as marked.

Bulls maintain Higher Highs and Higher Lows but end up with a Red Week.
All Ichimoku Signals favor Bulls.

Wrap: 
Index trades a red candle, but above Support i.e. the Tenkan Sen (blue line) with another ATH. 

Looking forward into this Week:

Bulls again seek to reach the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.

Getting another red candle and getting below the Tenkan Sen, is the Bear Plan. 

Wrap:
Index above support -  Another New All Time High; is the Bull plan.

Bears pray for more red and life below 2550.