US - S&P 500 - Triple Screen 'Technical Analysis' - 25 year Fork - Week 5 of January 2017.

Learning from last Week:  (click here for the previous post)


Patterns:
Bulls produce enough power to reach our resistance, the Monthly Fork's top Tyne  #Monthlychart.
The Month Fork from toe to tip spans 25 years.

Support & Resistance:
The Index again gets support near the Middle Tyne of the Day Fork and #Weeklychart. Resistance was precise at the Top Tyne of the Month Fork #Monthlychart.

Moving Averages:
The critical EMA5, is bullishly above the MA13, on all Screens. 

Indicators:
The RSI at the oversold #WeeklyChart. 


Wrap:  

Index leaps up with a large green candle to make our target of the last many months - the top tyne of the Month fork #Monthlychart.




Looking forward into this Week:


Patterns:
Month fork with a Span of 25 years - sees the Price touch its top tyne and revert. Bulls need to breakout here, or index could fall to the fork's middle tyne.

Support & Resistance:
Middle Tyne of the Week Fork, is support and the Top Tyne of the Month Fork is again resistance.

Moving Averages:
5 EMA on the Week chart, is the mark, that the Bears want to close below, this week #WeeklyChart.

Indicators:
STS stays in the over sold #DayChart.


Wrap:
Bulls are at the Long term Channel top, now need a breakout #MonthChart.
Bears hope to use the current critical resistance for a deep correction below the previous high #Weeklychart. 

CAC 40 - Ichimoku Weekly Study - Bull pause - Week 5 of January 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 pointed towards the Tenkan Sen despite a mid week pop up.
Chikou Span (White Indicator) points down (extreme left).

Wrap:
Dragon fly Doji's still in play as the index points down in a green week.
 



Looking Forward into this Week:

Bears want to get the Chikou Span headed back towards the Kumo (extreme left).
Bulls having achieved a higher high (weekly close) now look to go bottom out.
Bulls seek support before the Tenkan Sen.

Wrap: 
Bulls in pause mode, still look good to take out old Highs.
Bears seek to keep the index going towards the Tenkan Sen (Center - Weekly Support).

SGX Nifty - Ichimoku Weekly Study - Kijun Sen Cross? - Week 5 of January 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)

Three White Soldiers pattern plays out and the Bulls cross the Kijun Sen (red) - confirmation needed.
Chikou Span (white) continues to climb, while below the Price line (see extreme left) .
Previous Monthly resistance (see previous post) was the takeoff for this move.

Wrap;
Index crosses the Kijun Sen, with one huge green candle.




Looking Forward into this Week:

Bears want to get the index below the Kijun Sen (red - Weekly Support) - and aim for life inside the Kumo.
Chikou Span - needs to cross the Price line bullishly if the Bull move is on.
Life above the September 2016 high (marked) is the Bull ask.


Wrap: 
Bulls look to keep above the Weekly Support line, and continue to the previous High. 
Bears seek to keep the Chikou Span below the Price line and get Index back below Weekly Support. 

Brent Crude Oil - Ichimoku Weekly Study - Flatter to decieve - Week 5 of January 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 goes Flat as its raining Dojis - the trend is 'Flatter to deceive'.
High as marked, is the next major Resistance Zone 
Chikou Span (white indicator), keeps flat (see extreme left).

Wrap:   
Chikou Span flat, Index is Flat - Trend is 'Flatter to Deceive'.



Looking Forward into this Week:

Bulls want to stay above the Kumo and make Higher Highs (Center).
Bears want to see the Chikou Span, headed towards the Kumo.  
The Flatter the Index gets, the harder it is, for the Bulls to pull up to the next level.

Wrap: 
Bulls want  green again, with life near old Highs and a continuation of current trend. 
Bears want to see the Chikou Span head down towards the  Kumo and the Index below the marked resistances.

Say..

US - S&P 500 - Triple Screen 'Technical Analysis' - Bear Support - Week 4 of January 2017.

Learning from last Week:  (click here for the previous post)


Patterns:
Bearish Harami on the medium term is followed by another small candle just above support  #Weeklychart.

Support & Resistance:
The Index again gets support near the Middle Tyne of the Day & Week Fork and at the 5 EMA #Weeklychart.

Moving Averages:
The critical EMA5, is bullishly above the MA13, on all Screens. 

Indicators:
The RSI at the oversold #WeeklyChart. 


Wrap:  

Index produces two small candles after a large green candle #Weeklychart.




Looking forward into this Week:


Patterns:
Last three candles on the #WeeklyChart, could be the making of a 'Rising Three Methods' pattern (Google 'Rising Three Methods' to study).

Support & Resistance:
Middle Tyne of the Week Fork, is support and the Top Tyne of the Month Fork is again resistance.

Moving Averages:
5 EMA on the Week chart, is the mark, that the  Bear want to close below, this week #WeeklyChart.

Indicators:
STS stays in the over sold #DayChart.


Wrap:
Bulls look to use the current Support and Trend to touch the Long term Channel top and a make a new ATH (2292) #MonthChart.
Bears want to follow two small red weeks with a deep correction below support to stay relevant #Weeklychart. 

CAC 40 - Ichimoku Weekly Study - The Dragon Fly effect - Week 4 of January 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)

Bears point the index towards the Tenkan Sen as the Dragon Fly Doji gives them a red week - see center.
Chikou Span (White Indicator) points down (extreme left).

Wrap:
Approaching previous Highs, Index goes red after the Dragon fly Doji's  effect.
 



Looking Forward into this Week:

Bears want to get the Chikou Span headed back towards the Kumo (extreme left).
Bulls having achieved a higher high (weekly close) now look to go green again.
Bulls may have to look for support at the Tenkan Sen.
 
Wrap: 
Bulls in pause mode, still look to take out old Highs.
Bears after the red on the screen, seek to point the index towards the Tenkan Sen (Blue Indicator - Center - Weekly Support).

SGX Nifty - Ichimoku Weekly Study - Resisting Times - Week 4 of January 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)

Bulls after reaching the Weekly resistance precisely, make an 'inside' red candle last week.
Chikou Span (white line) deflects bearishly off the Price line (see extreme left) .
Kijun Sen (red line) was the High, and the Monthly resistance line was the Stop.


Wrap;
Index after it pauses near the Weekly Support line, gives an inside red week.




Looking Forward into this Week:

Bears want to keep the index below the Kijun Sen (red line - Weekly resistance) - and aim for life inside the Kumo.
Chikou Span - could continue to hug the Price-line, tracing its steep up move.
Life above the Tenkan Sen (blue line) is the Bull ask.


Wrap: 
Bulls look to clear the Weekly Resistance line, and continue to the previous High. 
Bears want some more red on the screen after their success at the Kijun Sen.

Brent Crude Oil - Ichimoku Weekly Study - Doji Again - Week 4 of January 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)

Least week's performance shows up as a Doji - Index is indecisive about the Down move too.
High as marked, is the next major Resistance Zone 
Chikou Span (white indicator), goes flat (see extreme left).

Wrap:   
Chikou Span flat, Index goes Doji.



Looking Forward into this Week:

Bulls want to stay above the Kumo and make new Highs (Center).
Bears want to see the Chikou Span, headed towards the Kumo.  
Higher Highs and Higher Lows is the way forward for Bulls - keeping  above the resistances marked, should do it.

Wrap: 
Bulls want  green again, with life near old Highs and a continuation of trend. 
Bears want to see the Chikou Span head down towards the  Kumo and the Index below the resistances.

Say..

US - S&P 500 - Triple Screen 'Technical Analysis' - Three inside down? - Week 3 of January 2017.

Learning from last Week:  (click here for the previous post)


Patterns:
Bears fail to make a Stick Sandwich Pattern. Produce a Bearish Harami instead  #Weeklychart.

Support & Resistance:
The Index takes off from support near the Middle Tyne of the Day & Week Fork and at the 5 EMA #Weeklychart. Index make a new ATH and is almost at the Monthly Channel Top #Monthlychart.

Moving Averages:
The critical EMA5, is bullishly above the MA13, on all Screens. 

Indicators:
The RSI knocks on the oversold again #WeeklyChart. 


Wrap:  

Bulls manage a Doji, Bears make it a Bearish Harami #Weeklychart.




Looking forward into this Week:


Patterns: 
Last two candles on the #WeeklyChart, could be the making of a 'Three inside down' pattern (Google 'Three inside down pattern' to study).

Support & Resistance:
Middle Tyne of the Week Fork, is now support and the Top Tyne of the Month Fork is again resistance. 

Moving Averages:
5 EMA on the Week chart, is the mark, that the  Bear want to get below, this week #WeeklyChart.

Indicators:  
STS stays in the over sold #DayChart.


Wrap:
Bears want to press the point with a 'Three inside down' #Weeklychart. 
Bulls look to use the current Support and Trend to touch the Long term Channel top and a make a new ATH (2292) #MonthChart.

CAC 40 - Ichimoku Weekly Study - Fly Dragon - Week 3 of January 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)

Kumo Breakout continues to reward Bulls, as it heads towards the marked Old Highs.
Last week produced a Doji indicating indecision (google 'Dragon Fly Doji)
Chikou Span (White Indicator) goes flat (extreme left).

Wrap:
Approaching previous Highs, Index makes a Doji indicating indecision.




Looking Forward into this Week:

Bears want to get the Chikou Span headed back towards the Kumo (extreme left).
Bulls having achieved a higher high (weekly close) now look to keep the momentum going.
Index shows indecision as it nears the Feb 2015 High.

Wrap: 
Bulls in pause mode, still look to take out old Highs.
Bears hope for red on the screen after the Doji, and seek to point the index towards the Tenkan Sen (Blue Indicator).

SGX Nifty - Ichimoku Weekly Study - Weekly Resistance Holds - Week 3 of January 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)

Bulls after making a Higher High, reach the Weekly resistance precisely.
Chikou Span (white line) still has a bearish cross with the Price line (see extreme left) .
Kijun Sen (red line) was the High and near close for the week.


Wrap;
Index has third big green week and pauses near the Weekly Support line.  




Looking Forward into this Week:

Bears want to keep the index below the Kijun Sen (red line) (Weekly resistance) - and aim for life inside the Kumo.
Chikou Span - could hug the Price-line, tracing its steep up move.
Life above the Tenkan Sen (blue line) is the Bull ask.


Wrap: 
Bulls look to clear the Weekly Resistance line, and continue to the previous High. 
Bears want some red on the screen after a precise stop at the Kijun Sen (and (google) 'Three White Soldiers').

Brent Crude Oil - Ichimoku Weekly Study - Doji Fall - Week 3 of January 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 gets a red week after the previous week's Doji candle showed us indecision.
High as marked, is the next major Resistance Zone 
Chikou Span (white indicator), goes down (see extreme left).

Wrap:   
Chikou Span turns down, Index goes red after a Doji.



Looking Forward into this Week:

Bulls want to stay above the Kumo and make new Highs (Center).
Bears want to see the Chikou Span, headed towards the Kumo.  
Higher Highs and Higher Lows is the way forward for Bulls - keeping  above the resistances marked, should do it.

Wrap: 
Bulls want  green again, with life near old Highs and a continuation of trend. 
Bears want to see the Chikou Span head down towards the  Kumo and the Index below the resistances.

Say..

US - S&P 500 - Triple Screen 'Technical Analysis' - Sandwich time? - Week 2 of January 2017.

Learning from last Week:  (click here for the previous post)


Patterns: 
The Index takes off from support near the middle Tyne of the Medium Term Chart, to make another new ATH (All Time High) #Weeklychart.

Support & Resistance: 
The Index takes off from support near the Middle Tyne of the Weekly Fork and at the 5 EMA #Weeklychart. Index make a new ATH and is almost at the Monthly Channel Top #Monthlychart.

Moving Averages: 
The critical EMA5, is bullishly above the MA13, on all except the Day Screen. 

Indicators: 
The RSI knocks on the oversold again #WeeklyChart. 


Wrap:  

Index takes off from support  near the Weekly fork's middle tyne and makes a new ATH #Weeklychart.




Looking forward into this Week:


Patterns:  
Last two candles on the #WeeklyChart, could be the making of a 'Stick Sandwich' pattern (Google ' 'Stick Sandwich candle pattern' to study). Bears need to produce a deep red one this week, for that pattern to happen.

Support & Resistance: 
Middle Tyne of the Week Fork, is now support and the Top Tyne of the Month Fork is again resistance.  

Moving Averages: 
5 EMA on the Week chart, is the mark, that the  Bear want to get below, this week #WeeklyChart.

Indicators:   
STS struggles to stay in the over sold #DayChart.


Wrap:
Desperate Bears could make a 'Stick Sandwich' with a suitable deep red candle #Weeklychart. 
Bulls look to use the current Support and Trend to touch the Long term Channel top and a make a new ATH (2292) #MonthChart.