Brent Oil - Ichimoku Weekly Study - Bingo $67 - Week 1 of January 2018.

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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 hits the target $67.

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

Tenkan Sen and Kijun Sen, up (center).

Wrap:   

Index reaches $67 with two (weekly) big green candles.

Looking Forward into this Week:

All Signals favor Bulls, a third big green candle makes a Three White Soldiers pattern.

Bears, seeing the index at significant target hope for resistance.
Heading to the 200% Fibonacci ($72) with the current momentum would be the Bull way.

Wrap: 

Bears hope for life below the Tenkan Sen (Blue line) using the resistance at Fibonacci 162%.

Bulls want a continuation to $72, with a Three White Soldiers pattern.

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Star Doji? - Start of Week 4 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 keeps above the 262% Fibonacci, makes a red Doji.

Bulls again maintain Higher Highs and Higher Lows, last Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index makes a Doji, above the 262% Fibonacci retrace of the last major High-Low.

Looking forward into this Week:

Bulls would now seek 2797, the 300% Fibonacci.
Bears pray for an Evening Doji Star, to get moving, below the Kijun Sen (Red Line)

Wrap:
Index above support -  2797, is the Bull plan.

Bears get a red Doji, need life below the blue line.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - High Wave at Resistance - Start of Week 4 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 High Wave candle at the Tenkan Sen (Blue line), Resistance holds.

Chikou Span, stays deflected off the Price Line (left).

Wrap: 

Bulls maintain the Higher High. Index makes a High Wave candle at resistance.
 



Looking Forward into this Week:

Chikou Span, moving up and 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 / break below from.

Wrap:
Bears after holding the range, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, seek the next Fibonacci level after clearing the Tenkan Sen.

Nifty (Asia India) - Ichimoku Weekly Study - 10500, Three inside up rewards - Start of Week 4 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 touches the target zone 10500, with the 'Three Inside up'.
Bears fail to retain the minor wave Lower High, lower low.
Index keeps above the Blue Tenkan Sen Support line but make a double top.


Wrap:
Index makes it to 10500 with help from the Three Inside up candle pattern.



Looking Forward into this Week:

Bulls seek to use the current strength to make a dash to another new All Time High.
Bears seek to use the 162% Fibonacci resistance and the Double top, to head below the Kijun Sen (red line).
Bulls want to make another Higher High a new ATH and maintain the major wave 'Higher High - Higher Low'.


Wrap: 
Bulls seek to use current signals, to keep above the Tenkan Sen and target the 200% Fibonacci (11200+) as marked.
Bears hope to use current resistances to target life below the red line.

Brent Oil - Ichimoku Weekly Study - Doji and Bump - Week 4 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 after many Doji weekly candles, makes a long green candle and a close near the target $67.

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

Tenkan Sen and Kijun Sen, up (center).

Wrap:   

Index closes up - weekly candle is a big green candle.

Looking Forward into this Week:

All Signals favor Bulls.

Bears despite having forced so many Dojis,fail to change the trend.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.

Wrap: 

Bears hope for life below the Tenkan Sen (Blue line).

With a record close in recent times, Bulls seek a close above $67. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - 362% Fibo and Channels - Start of Week 3 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 shown in a new Channel, clears the old, pops above the 262% Fibonacci as above.

Bulls maintain Higher Highs and Higher Lows, last Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index clears the 262% Fibonacci retrace of the last major High-Low and the Channel Top.

Looking forward into this Week:

Bulls would now seek the 362% Fibonacci.
Bears need resistance to get below the Kijun Sen (Red Line)

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

Bears pray for red, and life below the blue line.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Tenkan Sen Holds - Start of Week 3 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 opens above the resistance at the Tenkan Sen (Blue line), but closes the week below it.
Chikou Span, deflects off the Price Line (left).

Wrap: 
Bulls maintain the Higher High. Index almost breaks range.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span, to clear 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 / break below from.

Wrap:
Bears after holding the range, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, seek the next Fibonacci level after clearing the Tenkan Sen.

Nifty (Asia India) - Ichimoku Weekly Study - A Three inside up - Start of Week 3 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 attempts to make the target zone 10500, with a 'Three Inside up'.
Bears manage to retain the minor wave Lower High, lower low.
Index keeps above the Blue Tenkan Sen Support line.


Wrap:
Index closes above the Blue line (Tenkan Sen), produces a Three Inside up.




Looking Forward into this Week:

Bulls seek to use the current strength to make a dash to a new All Time High.
Bears seek to make another minor wave Lower High and head below the Kijun Sen (red line).
Bulls want to make a Higher High a new ATH and maintain the major wave 'Higher High - Higher Low'.


Wrap: 
Bulls seek to use current signals, to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked.
Bears hope to make another minor wave 'lower high' and target life below the red line.

Brent Oil - Ichimoku Weekly Study - Doji days- Week 3 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 another, even longer Doji and comes close to the target $67.

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

Tenkan Sen and Kijun Sen, up (center).

Wrap:   

Index nudges up - weekly candle is still a Doji.

Looking Forward into this Week:

All Signals favor Bulls, the last Doji saw most signals spike up.

Bears having forced so many Dojis, would hope for a dip to the Kumo.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.

Wrap: 

Bears hope for life below the Tenkan Sen (Blue line).

Bulls seek a close above $67. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Channel Top Stop? - Start of Week 2 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 returns at Channel top.

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

Wrap: 
Index struggles to clear the 262% Fibonacci retrace of the last major High-Low and the Channel Top.

Looking forward into this Week:

Bulls would seek to break above the 262% Fibonacci.
Bears want to use current resistance to start the trip to below the Kijun Sen (Red Line)

Getting another 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 - Resistance Holds - Start of Week 2 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 near the resistance at the Tenkan Sen (Blue line), once again.
Chikou Span, again plays peek a boo with the Price Line (left).

Wrap: 
Bulls maintain the Higher High. Index almost breaks range.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span, to clear 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 / break below from.

Wrap:
Bears after holding the range, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, seekt the next Fibonacci level after clearing the Tenkan Sen.

Nifty (Asia India) - Ichimoku Weekly Study - A Bullish Harami - Start of Week 2 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, but produces a Bullish Harami.
Bears manage a minor wave Lower High, last week's candle makes a lower low.
Index closes above the Blue Tenkan Sen Support line.


Wrap:
Index closes above the Blue line (Tenkan Sen), produces a Bullish Harami.




Looking Forward into this Week:

Bulls seek to defend the red Kijun Sen, and a stop a fall towards the Kumo.
Bears seek to make another minor wave Lower High and head below the Kijun Sen (red line).
Bulls want to make a Higher High a new ATH and maintain the major wave 'Higher High Higher Low'.


Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears hope to make another minor wave, lower high and target life below the red line.

Brent Oil - Ichimoku Weekly Study - Its raining Dojis - Week 2 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 another Doji and shows its indecision once again.

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 undecided another week - weekly candle is a Doji.

Looking Forward into this Week:

With all Signals favoring Bulls, the ranging gives the Bears a small 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 pray for life below the Tenkan Sen (Blue line).

Bulls seek $67.