S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Channel Top? - Start of Week 1 of December 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 out of the previous 4 week range and nudges the Channel top up.

Bulls maintain Higher Highs and Higher Lows and another green Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index breaks range and reaches the 262% Fibo target at the Channel Top.

Looking forward into this Week:

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

Getting a red candle using the channel top and Fibo resistance, is the Bear Plan. 

Wrap:
Index above support -  362% Fibo, is the Bull plan.

Bears pray for red, and life below the previous range.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Support & Resistance - Start of Week 1 of December 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 moves from support at the Kijun Sen (red line) to resistance at the Tenkan Sen (Blue line), once again.
Chikou Span, plays peek a boo with the Price Line (left).

Wrap: 
Bulls maintain the Higher High. Index in range.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span clearly above the Price Line, will give the advantage to the Bulls.
Tenkan Sen (Blue) and Kijun Sen (red line) is current range, to break out from.

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 after clearing the Tenkan Sen.

Nifty (Asia India) - Ichimoku Weekly Study - A Lower High - Start of Week 1 of December 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 fails to make the target zone 10500, once again. 
Bears manage a minor wave Lower High, last week's candle misses a lower low by a whisker.
Index closes below the Blue Tenkan Sen Support line.


Wrap:
Index closes below the Blue line (Tenkan Sen), after a minor lower high.




Looking Forward into this Week:

Bulls seek to prevent a lower low and a fall towards the Kumo.
Bears seek to make a Lower Low and head below the Kijun Sen (red line).
A weekly close above the Tenkan Sen would help Bulls get back dominance.


Wrap: 
Bulls intend to climb above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears hope to make a lower low and target life below the red line.

Brent Oil - Ichimoku Weekly Study - Confused Doji - Week 1 of December 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 a Doji and shows its indecision, following earlier week's, red and then green 'Hanging Man' candles.

Senkou Span A and B, flatten (right extreme). Chikou Span way above the Price line (left).

Tenkan Sen and Kijun Sen, flat (center).

Wrap:   

Index gets stuck near the 141 Fibonacci retrace, weekly candle is a Doji.

Looking Forward into this Week:

While all Signals currently favor Bulls, the ranging gives the Bears an edge in.

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 want finish the consolidation, with a continuation move towards $67. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Range Break - Start of Week 5 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 breaks out of the previous 4 week range and makes a new All Time High (ATH).

Bulls maintain Higher Highs and Higher Lows and a green Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index breaks range and makes a new ATH.

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 previous range.