S&P 500 - Triple Screen 'Technical Analysis' - Week: 23 July to 27 July, 2012 - Three Inside up Month ?!

S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price move)  (or) EOM Chart: 

S&P 500 - End of  Month Chart (EOM) - 27 July, 2012

           Above is the Month Chart - EOM - analyzing Data from mid 2009 onward.         




S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price move) (or) EOW Chart:  

S&P 500 - End of  Week Chart (EOW) - 27 July, 2012.

            Above is the Week Chart - EOW -  analyzing Data from Q1 2012 onward.                

S&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:  

S&P 500 - End of  Day Chart (EOD) -  27 July, 2012.

           Above is the Day Chart - EOD -  analyzing Data from Q3 2012 onward.                




Learning from the Past Week:  (click here for the post)
The Bullish 'Three Inside Up' pattern seen on the EOM (1) - looks like a certainty this month - after the Bears almost killed it early last week.
Bears kept the index below the 5 EMA on the EOD, to fall around the MVWAP 34 on the EOD (5) and EOW (3) - from where the Bulls bounced back to get a green week.
RSI readings on the EOW (4) climbed but did not move into the oversold zone - good for bears.
Bears lost the thread mid week, to hand the bulls their best week in recent times.






Looking forward into the next Week:
RSI reading on the EOW (4) - need to crack the 70 mark for the Bulls to take it forward.
Bears need to break their nemesis of many weeks the MVWAP 34.
STS strength (2) indicates Bull Power.
Negative divergence on the EOD (6) - gives the Bears hope.
Bulls holding their turf for the beginning of next week - indicates strength going into next month - as the 'three inside up' (1) gives them a fillip.

CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 16 July to 20 July, 2012 - Bulls eye Gold..

Nifty 50: Long Term View (or) Month Chart, each candle is 1 month's price action (or) EOM Chart:  

CNX Nifty 50 - End of Month (EOM) Chart - 27 July, 2012

          Above is the Month Chart - EOM -  analyzing Data from 2008 onward.                      

Nifty 50: Medium Term View (or) Week Chart, each candle is 1 week's price action (or) EOW Chart:  

CNX Nifty 50 - End of Week (EOW) Chart - 27 July, 2012.

             Above is the Week Chart - EOW -  analyzing Data from 2010 onward.                        

Nifty 50: Short Term View (or) Day Chart, line chart of closing Prices  (or) EOD Chart:

CNX Nifty 50 - End of Day (EOD) Chart - 27 July, 2012.

              Above is the Day Chart - EOD - analyzing Data from May 2012, onward.                   

Learning from the Past Week: (click here for the post)

Nifty slipped below our Bull mark of 5208 early in the week and closed the week at 5100 - which happens to be the 34 EMA on the EOM.

Index went into a deep dive after breaking below the 34 EMA on the EOD and EOW - that we were watching.

The resistance line on the EOW (4), continues to hold back the Bulls.

Bulls eye GOLD, as the 50 SMA and 200 SMA produce a Golden Cross in the EOD.

Looking Forward into the next Week:

Bulls have to close July above last month's close (1), to make a Bullish 'Three outside up' pattern.

Bulls also need to keep the index above the 5015 mark, to retain the cross of the 5 EMA & 13 SMA as a Bullish one.

Bears would like to take the index below the current wall - 5045.

As watched for the previous week - one sees the 34 EMA on the EOM (1),  EOW (3) and EOD (5) - as the critical levels to monitor.

Advantage Bulls at month close, added to the Golden Cross's effect coming into play, means Bulls get their Gold...

The Dow Jones - Ichimoku Study - Week: 23 July to 27 July, 2012 - Bulls Comeback

                                .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Useful resources (free) from the Web:

http://www.freestockcharts.com/

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Main_Page

Previous Signals seen on DJI 30 - Week Chart (EOW) as marked on chart below:

Kumo Breakout: Bullish Signal (B)

The Flat Kumo: Bearish Signal (Ko)

The Kijun sen cross: Weak  Bearish  Signal (K)

The Kijun sen cross:  Strong Bullish Signal (K)

Tenkan Sen Cross:  Strong Bullish Signal (Te)
The Tenkan Sen/Kijun Sen Cross: Weak Bearish Signal (T)

DJI 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud: 

DJI 30 - End of Week Chart - 27 July, 2012 

Learning from the Past Week: (Click)

Another repeat performance from the Bulls - defying the last Bearish Signal - took support on the MVWAP 34 and the Kijun Seen.

Chikou Span (pink line) produced a deflection with the price line - helping the Bulls comeback, in what was one of the widest ranges among recent weeks.

Looking Forward into the next Week:

A take off from here would justify the Bulls resilience of recent times.

This would also produce the Green 'T' signal on the chart, as discussed week before.

Next week, Bears have a last chance of moving down on the last bearish 'T' we saw on the chart.

BSE Sensex - Ichimoku Study - Week: 23 July to 27 July, 2012 - Bulls stretched out..

                           .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Useful resources (free) from the Web:

http://www.freestockcharts.com/

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Main_Page

Previous Signals seen on BSE 30 - Week Chart (EOW) as shown on chart below:

The Tenkan Sen/Kijun Sen Cross: Strong Bearish Signal (T)

The Tenkan Sen Cross:  Weak  Bullish   Signal (Te)

The Kumo Break-in:  Bearish Signal (B)

The Kijun Sen Cross: Neutral  Bearish Signal (K)

Chikou Span Cross:  Neutral  Bearish Signal (Cc)

Senoku Span Cross: Neutral  Bullish  Signal (Ss)

BSE 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud:

The BSE  Sensex 30 - End of Week Chart - 27  July, 2012

Learning from the Past Week: (Click)

Bears got their Bearish,Kijun Sen Cross & Bearish Chikou Span Cross last week.

The Senkou Span Cross gave the Bulls some respite as it also came in last week.

MVWAP 34 was breached by the bears.

The Tenkan Sen was held by the Bulls.

Looking forward into the next Week:

Keeping above the Tenkan Sen Bulls would look at taking back lost ground.

The flat Kumo helps the Bulls.

Bears would need to keep it below the the MVWAP 34, to keep their turf.

EOD Technical Analysis, CNX Nifty - 25 July 2012 - Welcome back, Golden Cross

Nifty 50: Short Term View (or) Day Chart, line chart of closing Prices  (or) EOD Chart:

CNX Nifty 50 - End of Day (EOD) Chart - 25 July, 2012.

              Above is the Day Chart - EOD - analyzing Data from May 2012, onward.                

Tommorow the 200 SMA and 50 SMA will cross Bullishly - see chart above.

The last two crosses of this critical MA combo - produced precious little for either Bulls or Bears in terms of Upside or Downside.

However one studies this cross, bearing in mind its popularity and therefore significance.

The Last Bearish Cross was accompanied by a Bullish 'Three outside up' on the EOW (click for post).

We therefore called (correctly) that its effect would be delayed.

This Bullish Cross or Golden Cross occurs with the Index taking support near the spot marking the cross.

The Index has also fallen heavily after a neat Pullback.

So one looks forward to the new Series and Month close, to call this one.

S&P 500 - Triple Screen 'Technical Analysis' - Week: 16 July to 20 July, 2012 - Three Inside up Month ?

S&P 500: Long Term View (or) Month Chart (each candle is 1 month's price move)  (or) EOM Chart:  

S&P 500 - End of  Month Chart (EOM) - 20 July, 2012

                Above is the Month Chart - EOM - analyzing Data from mid 2009 onward.         






S&P 500: Medium Term View (or) Week Chart (each candle is 1 week's price move) (or) EOW Chart:  

S&P 500 - End of  Week Chart (EOW) - 20 July, 2012.

                 Above is the Week Chart - EOW -  analyzing Data from Q1 2012 onward.               

S&P 500: Short Term View (or) Day Chart (each candle is 1 day's price move)  (or) EOD Chart:    

S&P 500 - End of  Day Chart (EOD) -  2 July, 2012.

             Above is the Day Chart - EOD -  analyzing Data from Q3 2012 onward.                     

Learning from the Past Week:  (click for last post)

Staying above the 5 EMA on EOW (3), Bulls did keep their turf intact as anticipated last week.

Reversing the Bearish cross of the 13 SMA and 5 EMA (on EOD at 5) midweek,  Bulls picked up some momentum for the week.

Bulls kept up the pace - to get back above last month's close and the 'Three Inside up' on the EOM. (1) is active again.

Bears moved in late in the week to take some back, for the week (5).

Looking forward into the next Week:

The Bullish 'Three Inside Up' pattern seen on the EOM (1) is the beacon of hope for Bulls - they need to stay above last month's close, to keep this one shining.

The sliver of hope for the Bear, is the negative divergence on the EOD (6).

Keeping it below the 5 EMA on the EOD (5) - Bears can look at continuing their Friday's deep dive. 

RSI readings on the EOW (4) climbing into the oversold zone and rising next week, is an indication that Bulls remain on top.

CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 16 July to 20 July, 2012 - Bulls Hang on..

Nifty 50: Long Term View (or) Month Chart, each candle is 1 month's price action (or) EOM Chart: 

CNX Nifty 50 - End of Month (EOM) Chart - 20 July, 2012

               Above is the Month Chart - EOM -  analyzing Data from 2008 onward.                     





Nifty 50: Medium Term View (or) Week Chart, each candle is 1 week's price action (or) EOW Chart: 

CNX Nifty 50 - End of Week (EOW) Chart - 20 July, 2012.

             Above is the Week Chart - EOW -  analyzing Data from 2010 onward.                       

Nifty 50: Short Term View (or) Day Chart, line chart of closing Prices  (or) EOD Chart:

CNX Nifty 50 - End of Day (EOD) Chart - 20 July, 2012.

              Above is the Day Chart - EOD - analyzing Data from May 2012, onward.                   

Learning from the Past Week: (click for last post)

Our Bull mark of 5209 was missed by a whisker - Index closed the week at a teasing 5205.

Index kept its head above the 5 EMA on the EOM (1)

The resistance line on the EOW (4) held back the Bulls.

Bears returned for a neat pullback  at the green channel line on the EOD (5)

Looking Forward into the next Week:

Bulls have to take it above last month's close (1) to get back their force.

The new mark for the Bears, to keep the Index below, for the week - is 5208.

Keeping it above the 34 EMA on the EOD (5) and EOW (3), Bulls can make a come back.

The Dow Jones - Ichimoku Study - Week: 16 July to 20 July, 2012 - Bulls Hold Steady

                                .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Useful resources (free) from the Web:

http://www.freestockcharts.com/

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Main_Page

Previous Signals seen on DJI 30 - Week Chart (EOW) as marked on chart below:

Kumo Breakout: Bullish Signal (B)

The Flat Kumo: Bearish Signal (Ko)

The Kijun sen cross: Weak  Bearish  Signal (K)

The Kijun sen cross:  Strong Bullish Signal (K)

Tenkan Sen Cross:  Strong Bullish Signal (Te)
The Tenkan Sen/Kijun Sen Cross: Weak Bearish Signal (T)

 DJI 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud:    

DJI 30 - End of Week Chart - 20 July, 2012 

Learning from the Past Week: (Click)

A repeat performance from the Bulls - defying the last Bearish Signal - took support on the MVWAP 34 and the Kijun Seen.

Chikou Span (pink line) needs to be watched as it looks like it can cross the price line anytime.

Looking Forward into the next Week:

With the Oscillator making insipid noises - bears look like they may break in after all.

Holding above the supports of the past two weeks - should keep the Bulls safe.

The Chikou Span action - Bearish Cross or Bullish Deflection - should be worth watching intra week.

BSE Sensex - Ichimoku Study - Week: 16 July to 20 July, 2012 - Bulls hold fort.

                           .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Useful resources (free) from the Web:

http://www.freestockcharts.com/

http://www.kumotrader.com/ichimoku_wiki/index.php?title=Main_Page

Previous Signals seen on BSE 30 - Week Chart (EOW) as shown on chart below:

The Tenkan Sen/Kijun Sen Cross: Strong Bearish Signal (T)

Chikou Span Cross: Weak  Bullish  Signal (C) 

The Tenkan Sen Cross:  Weak  Bullish   Signal (Te)
The Kijun Sen Cross:  Weak Bullish  Signal (K) 
The Kumo Break-out:  Bullish  Signal (B)  
The Kumo Break-in:  Bearish Signal (B)

BSE 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud: 

The BSE  Sensex 30 - End of Week Chart - 20  July, 2012

Learning from the Past Week: (Click)

Support for this week's candle was on the Kijun Sen.

The Chikou Span (pink line) threatens to cross the Price line.

A Senoku Span Cross seems near, with the Kumo (Cloud) narrowing at its tip.

Looking forward into the next Week:

Bears would want to see a bearish, Kijun Sen Cross, while the Bulls would look at the Flat Kumo helping them move up.

A Bearish Chikou Span Cross or Bullish Deflection is in the offing next week - to be watched.

The Senkou Span Cross also needs attention since, this Bullish Cross can happen in the next few weeks.