S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji Days - Week 1 of August 2017.

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Introduction / Primer to Ichimoku can be read at this link (click).

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

Index makes a Doji (read indecision) above the 200% Fibonacci retrace of the July 2015 High to the February 2016 Low (Last major Hi-Lo). 

Bulls kept it well above the Tenkan Sen (Support) last week.

Wrap: 
Bulls undecided above the 200% Fibonacci, of the last Major Hi-Lo.

Looking forward into this Week:

Bulls now seek to reach the 213% Fibonacci retrace of the Last major Hi-Lo. 

Index Support and Resistance possibilities, are marked above. 

Wrap:
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace, of the above mentioned Hi-Lo.
Bears seek to take the index below the 200% Fibo retrace, and take the index below the Tenkan Sen using the current indecision.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Range Doji - Week 1 of August 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 takes Support at the Kijun Sen (weekly - red), Still in the Range marked.
Senkou Span A & B converge (right extreme of cloud).

Wrap:
Index makes a Doji (implying indecision) and takes support at the Kijun Sen (red line). 
 



Looking Forward into this Week:

Break above or below the Blue Tenkan Sen or Red Kijun Sen determines the next move.
Senkou Span A&B converging (extreme Right) - favours Bears.
A deflection of the Tenkan Sen and Kijun Sen (centre) - favours Bulls.

Wrap:
Bears seek to keep the index below the Tenkan Sen and get below the Kijun Sen.
Bulls after establishing support at the red line, look to trend up, clearing the resistance (blue line) and the old High as marked. 

Nifty (Asia India) - Ichimoku Weekly Study - 10000 !!! - Week 1 of August 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) 

Bulls settle above the psychological 10K. 
Index almost makes a Bearish Shooting Star at the 141% Fibonacci of the last major Hi Lo.
Bulls keep it above the Weekly Support (Tenkan Sen - Blue) and make a new All Time High (ATH).

Wrap:
Bulls make 10K. Bears had a Bearish Shooting star candle, for the week, in mind.




Looking Forward into this Week:

Chikou Span (extreme left), preferably, needs to stay pointed away from the Price line, to keep the Bull move going.
Bears now pray the 'Almost' Bearish Shooting Star candle, holds the index below Fibo 141%.

Wrap: 
Bulls riding above the 'Tenkan Sen', for the last 25+ weeks, want to reach the 162% Fibo. retrace of the last major Hi Lo (10500+).
Bears are desperate for life below the Tenkan Sen (blue line).

Brent Crude Oil - Ichimoku Weekly Study - Kumo Peek - Week 1 of August 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)

Senkou Span A and B, cross Bearishly (right extreme).

Index clears the Tenkan Sen (blue line), Kijun Sen (Red Line) and Peeks out of the Kumo with one massive green candle.

Chikou Span nears the resistance at the Price line (left)

Wrap:   

Index almost at the CRITICAL 61.8% Fibo(center). Senkou Span A & B in a bearish cross (right)

Looking Forward into this Week:

Chikou Span above the Price line is now the bull ask (left).

Clearing the 61.8% and making the 127% is the next Bull need.
Senkou Span A&B, Bearish 'cross', with Resistance at 61.8% is Bear plank.

Wrap: 

Bulls look to hold the large wave 'Higher Low' and  make a Smaller wave Higher High.

Bears seek life inside the Kumo after the Bearish Senkou Span A and B cross (right) with resistance at 61.8% ($53) holding.

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Level Next? - Week 4 of July 2017.

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Introduction / Primer to Ichimoku can be read at this link (click).




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

Index firms up above the 200% Fibonacci retrace of the July 2015 High to the February 2016 Low (Last major Hi-Lo). 

Bulls kept well above the Tenkan Sen last week.

Wrap: 
Bulls clear the 200% Fibo of the last Major Hi-Lo.

Looking forward into this Week:

Bulls now seek to stay above the 200% Fibonacci retrace of the Last major Hi-Lo. 

Index Support and Resistance possibilities (new) are marked as above. 

Wrap:
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace, of the above mentioned Hi-Lo.
Bears seek to take the index below the 200% Fibo retrace, and take the index below the Tenkan Sen.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Break Range - Week 4 of July 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 spans between resistance at the Tenkan Sen (weekly - blue), and Support at the Kijun Sen (weekly -  red).
Senkou Span A & B converge (right extreme of cloud).

Wrap:
Index dives after hitting resistance (blue line) and takes support at the Kijun Sen (red line). 
 



Looking Forward into this Week:

Break above or below the Blue Tenkan Sen or Red Kijun Sen determines the next move.
Senkou Span A&B converging - favours Bears.

Wrap:
Bears seek to keep the index below the Tenkan Sen and get below the Kijun Sen.
Bulls look to trend up, clearing the resistance (blue line) and the old High as marked. 

Nifty (Asia India) - Ichimoku Weekly Study - 10000 teaser ! - Week 4 of July 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) 

Last week, the Index makes a Doji above the 127% Fibonacci of the last major Hi Lo.
Bulls keep it above the Weekly Support (Tenkan Sen - Blue) and make a new All Time High (ATH).

Wrap:
Bulls make a new ATH, Bears force a Doji.




Looking Forward into this Week:

Chikou Span, preferably, needs to stay pointed away from the Price line, to keep the Bull move going.
Bears now pray the Doji holds the next resistance (141%).

Wrap: 
Bulls riding above the 'Tenkan Sen', for the last 25+ weeks, want to reach the 162% Fibo. retrace of the last major Hi Lo (10500).
Bears, want life below the Tenkan Sen (blue line) after forcing a Doji last week.

Brent Crude Oil - Ichimoku Weekly Study - Kumo Life (below Tenkan Sen) - Week 4 of July 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)

Senkou Span A and B, stay on deflection path (right extreme).

Index stays below the Tenkan Sen (blue line) for the 8th week in a row.

Chikou Span above the Kumo (extreme left), Index closes below the 50% Fiboancci of the last major Hi Lo.

Wrap:   

Index goes below the 50% Fibo(center). Senkou Span A & B deflect (right)

Looking Forward into this Week:

Chikou Span above the Kijun Sen is now the bull ask (left).

Clearing the Tenkan Sen (blue - centre) is the next Bull need.
Senkou Span A&B 'deflection' or 'cross', now is the next event on the horizon.

Wrap: 

Bulls look to hold the large wave 'Higher Low' and and get above the Tenkan Sen (center).

Bears seek a Large Wave 'Lower Low' and life below the Kumo with a Bearish Senkou Span A and B cross (right)

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Cusp of the Breakout - Week 3 of July 2017.

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Introduction / Primer to Ichimoku can be read at this link (click).




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

Index firms up above the Tenkan Sen (Blue) last week, closes almost at the 200 % of the Fibonacci retrace of the July 2015 High to the February 2016 Low (Last major Hi-Lo).

Bulls have closed the week, at the last discussed resistance: 2458 (2459). 
Bulls again bounce back from support at Tenkan Sen last week.

Wrap: 
Bulls reach 2458, after kick off from the Tenkan Sen (once again).

Looking forward into this Week:

Bulls now seek to stay above 2458, and the Tenkan Sen.

Bears now seek to defend the 200% Fibonacci as shown above.

Index Support and Resistance possibilities (new) are marked as above. 

Wrap:
Bulls look to make new ATHs, staying above current support at the Tenkan Sen (blue line) and cracking the 200% Fibo retrace, of the above mentioned Hi-Lo.
Bears seek to keep it below the 200% Fibo retrace, and take the index below the Tenkan Sen.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Tenkan Sen to Kijun Sen - Week 3 of July 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 meets resistance at the Tenkan Sen (weekly - blue), after take off from Support at the Kijun Sen (weekly -  red).
Senkou Span A & B converge (right extreme of cloud).

Wrap:
Index after producing a High Wave candle at Support shoots up to resistance. 
 



Looking Forward into this Week:

Bears need life below the Kijun Sen (red line).
Bulls want to resume the up trend above the Tenkan Sen.
Senkou Span A&B converging - favors Bears.

Wrap:
Bears seek to keep the index below the Tenkan Sen and get below the Kijun Sen.
Bulls look to trend up, clearing the resistance (blue line) and the old High as marked. 

Nifty (Asia India) - Ichimoku Weekly Study - 10000 anyone? - Week 3 of July 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 fail to defend the 127% Fibonacci of the last major Hi Lo.
Bulls take off from the Weekly Support (Tenkan Sen - Blue) and clear the 127% Fibonacci of the last major Hi Lo - to make a new All Time High (ATH).

Wrap:
Bulls make a new ATH after clearing the resistance at the 127% Fibo. retrace..




Looking Forward into this Week:

Chikou Span, preferably, needs to stay pointed away from the Price line, to keep the Bull move going.
Bulls make new All Time High.
Bears now pray the next resistance (141%) holds.

Wrap: 
Bulls riding above the 'Tenkan Sen', for the last 25+ weeks, want to reach the 162% Fibo. retrace of the last major Hi Lo (around 10500)..
Bears, pray for life below the Tenkan Sen (blue line).

Brent Crude Oil - Ichimoku Weekly Study - Kumo Life 6 (Fibo 50%) - Week 3 of July 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)

Bulls again get stopped near the Kumo Top. Senkou Span A and B on deflection now.

Bulls keep the Large wave 'Higher Low', Bears continue the Short wave 'Lower High : Lower Lows'.

Chikou Span (white) points up (extreme left), Index closes above the 50% Fiboancci of the last major Hi Lo.

Wrap:   

Index goes green above the 50% Fibo(center). Senkou Span A & B deflect (right)

Looking Forward into this Week:

Chikou Span above the Kijun Sen is now the bull ask (left).

Piercing the Kumo Top is now the Bull hope, clearing the Tenkan Sen (blue) is next (center).
Senkou Span A&B 'deflection' or 'cross', now is the next event on the horizon.

Wrap: 

Bulls look to hold the large wave 'Higher Low' and Kumo Bottom Support to catapult the Index out of the Kumo (center).

Bears seek a Large Wave 'Lower Low' and life below the Kumo with a Bearish Senkou Span A and B cross (right)

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Support at Tenkan Sen again - Week 2 of July 2017.

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Introduction / Primer to Ichimoku can be read at this link (click).




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

Index firms up above the Tenkan Sen (Blue) last week, closes above the 127% of the last minor Hi Lo.

2458 a confluence of two Retraces, 162% and 200% was resistance for the last down move.
Bulls again bounce back from support at Tenkan Sen last week.

Wrap: 
Bulls after returning from 2458, take  support at the Tenkan Sen (blue line) again.

Looking forward into this Week:

Bears seek to defend 2458, and get below the Tenkan Sen.

Bulls after taking off from the Tenkan Sen, need to clear 2458 to keep the current trend.

Index Support and Resistance possibilities are marked as above. 

Wrap:
Bulls look to make new ATHs, staying above current support at the Tenkan Sen (blue line) and 127% of the last minor Hi Lo.
Bears seek to keep it below 2458 and break below the current support.