S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Dragon Fly - Start of Week 1 of November 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 stays way above support (i.e. Tenkan Sen - blue line) and nears the Fibo 262% as marked.

Bulls maintain Higher Highs and Higher Lows and close just below the Channel resistance.
Index makes a 'Dragon Fly Doji' up above all the Ichimoku Signals.

Wrap: 
Index makes a  'Dragon Fly Doji', above Support i.e. the Tenkan Sen (blue line) with another ATH. 

Looking forward into this Week:

Bulls now seek to head towards the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.

Getting a red candle to start with, is the Bear Plan. 

Wrap:
Index above all supports -  Another New All Time High; is the Bull plan.

Bears pray for a red Candle, and resistance near the Channel Top.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher High ! - Start of Week 1 of Nvember 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 stays above the Tenkan Sen (Blue) and Kijun Sen (red) and halts at channel resistance.
Tenkan Sen (Blue) and Kijun Sen (red line) ready for a cross or deflection.
Chikou Span, heads for the Price Line (left).

Wrap: 
Index above all the signals on the screen - Bulls manage a Higher High.
 



Looking Forward into this Week:

Deflecting (left) of the Chikou Span and Price Line gives advantage to the Bulls.
Bears mow hope for a retest of the Kumo.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing - good for Bulls.

Wrap:
Bears seek to get the index below the Kijun Sen (red), want the Chikou Span to point towards the Price line.
Bulls after making a Higher High, sek the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Fibonacci 161.8 - Start of Week 1 of November 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 clears the BT Channel Resistance (see last week's post) and heads for the target 10500+. 
Bulls retain honors for a Higher High and Higher Low.
Ichimoku Signals all move up in concert.


Wrap:
Index takes off above the Tenkan Sen and is near target the Fibonacci 162% (of last major Hi Lo) marked above.




Looking Forward into this Week:

Bulls want to keep up the momentum and  reach the 162% Fibonacci, after the higher high and higher low.
Bears need to make a Lower Low and break the Kijun Sen (red line).
The Broadening Top Pattern (see last week's post) had different probabilities for Bulls and Bears - it favored the Bulls - Bears expect a throw back.

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+).
Bears seek life below the Kijun Sen with help from the Resistance line.

Brent Crude Oil - Ichimoku Weekly Study - Higher High - Week 1 of November 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 after a 'Three Outside Up' pattern makes a Higher High.

Senkou Span A and B, turn up and diverge bullishly (right extreme). 

Chikou Span deflects neatly off the Price line (left).

Tenkan Sen and Kijun Sen, turn up and diverge bullishly (center).

Wrap:   

Index makes an Three Outside Up pattern above support, Target in sight..

Looking Forward into this Week:

All Signals favor Bulls.

Keeping above the 61.8% Fibonacci (Of this year's Hi and Lo) and reaching $62 is the Bull plan.
Throw back to the Kumo, is still an expectation of the Bears.

Wrap: 

Bears hope for a 'Throwback', from resistance near the target.

Bulls seek to keep the advantage with the Three Outside Up, for move towards $62. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - ATH - Start of Week 4 of October 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 stays way above support (i.e. Tenkan Sen - blue line) and Clears the Fibo 227%.

Bulls maintain Higher Highs and Higher Lows and close just below the Channel resistance.
Index makes a 'Closing White Marubozu', up above all the Ichimoku Signals.

Wrap: 
Index makes a  'Closing White Marubozu', above Support i.e. the Tenkan Sen (blue line - 2503) with another ATH. 

Looking forward into this Week:

Bulls now seek to head towards the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.

Getting a red candle to start with, is the Bear Plan. 

Wrap:
Index above support at 2503 -  Another New All Time High; is the Bull plan.

Bears pray for a red Candle, and resistance near the Channel Top.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher High? - Start of Week 4 of October 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 stays above the Tenkan Sen (Blue) and Kijun Sen (red) and halts at channel resistance.
Tenkan Sen (Blue) and Kijun Sen (red line) close and flat - in for a cross or deflection.
Chikou Span, heads for the Price Line (left).

Wrap: Index above all the signals on the screen - still locked inside a 'Broadening Top Pattern'  as marked.
 



Looking Forward into this Week:

Deflecting (left) of the Chikou Span and Price Line gives advantage to the Bulls.
Failure to make a High above the May 2017 High, is Bear Hope.
Tenkan Sen (Blue) and Kijun Sen (red line) deflecting - good for Bears.

Wrap:
Bears seek to get the index below the Tenkan Sen (blue), want the Chikou Span to Cross below the Price line.
Bulls after maintaining the Higher Low, seek to make a Higher High (above the May 2017, high).

Nifty (Asia India) - Ichimoku Weekly Study - Broadening Top - Start of Week 4 of October 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 takes off above the Tenkan Sen (blue line), and reaches BT Channel Resistance. 
Bulls retain honors for a Higher High and Higher Low (by a whisker).
The Index returns from the Top Channel pf the Broadening Top (BT) with a red candle.


Wrap:
Index takes off above the Tenkan Sen and reaches the BT Channel Resistance Line.




Looking Forward into this Week:

Bulls want to keep up the momentum and  reach the 162% Fibonacci, after the higher high and higher low.
Bears need to make a Lower Low and break the Kijun Sen (red line).
The Broadening Top Pattern has different probabilities for Bulls and Bears.

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10521).
Bears seek life below the Kijun Sen with help from the Resistance line.

Brent Crude Oil - Ichimoku Weekly Study - High Wave - Week 4 of October 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 after an Engulfing pattern above support (Tenkan Sen - blue line), makes a 'Three Outside Up' pattern with a High Wave Candle.

Senkou Span A and B, diverge bullishly (right extreme). 

Chikou Span deflects off the Price line (left).

Tenkan Sen and Kijun Sen, diverge bullishly (center).

Wrap:   

Index makes an Three Outside Up pattern above support, Double Top in progress...

Looking Forward into this Week:

Mostl Signals favor Bulls, Bulls push for the Chikou Span deflection at the Price line, to continue.

Keeping above the 61.8% Fibonacci (Of this year's Hi and Lo) and reaching $62 is the Bull plan.
Throw back to the Kumo, is still possible with the High Wave candle and Double top: That's the Bear Hope.

Wrap: 

Bears hope for a 'Throwback', with help from the Double Top, High Wave Candle & resistance at the previous high.

Bulls seek to keep the advantage with the Three Outside Up. and support at the blue Tenkan Sen, for move towards $62. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji @ Fibonacci 227 - Start of Week 3 of October 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 stays way above support (i.e. Tenkan Sen - blue line) and Clears the Fibo 227%.

Bulls maintain Higher Highs and Higher Lows and close just above Fibo 227%.
Index makes a Doji, above all the Ichimoku Signals.

Wrap: 
Index makes a Doji, above Support - the Tenkan Se (blue line - 2488) with another ATH. 

Looking forward into this Week:

Bulls now seek to head towards the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make a lasting  impact.

Getting a red candle to start with, is the Bear Plan. 

Wrap:
Index above support at 2488 -  Another New All Time High; is the Bull plan.

Bears pray for a red Candle, after the indecisive Doji week.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Bulls Falter? - Start of Week 3 of October 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 stays above the Tenkan Sen (Blue) and Kijun Sen (red) and reaches channel resistance.
Tenkan Sen (Blue) and Kijun Sen (red line) close in for a cross or deflection.
Chikou Span, stays above the Price Line (left).

Wrap: Index above all the signals on the screen - locked inside a 'Broadening Top Pattern'  as marked.
 



Looking Forward into this Week:

Deflecting (left) of the Chikou Span and Price Line gives advantage to the Bulls.
Failure to make a High above the May 2017 High, is Bear Hope.
Tenkan Sen (Blue) and Kijun Sen (red line) deflecting - good for Bears.

Wrap:
Bears seek to get the index below the Tenkan Sen (blue), looking for a failure at the Broadening Top.
Bulls after maintaining the Higher Low, seek to make a Higher High (above the May 2017, high).

Nifty (Asia India) - Ichimoku Weekly Study - All Time Highs and Resistances - Start of Week 3 of October 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 takes off above the Tenkan Sen (blue line), and reaches Channel Resistance. 
Bulls retain honors for a Higher High and Higher Low (by a whisker).
The Three Outside Down Pattern is Busted.


Wrap:
Index takes off above the Tenkan Sen and reaches the Channel Resistance Line.




Looking Forward into this Week:

Bulls want to keep up the momentum and  reach the 162% Fibonacci, after the higher high and higher low.
Bears need to make a Lower Low and break the Kijun Sen (red line).

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10521).
Bears seek life below the Kijun Sen with help from the Broadening Top..

Brent Crude Oil - Ichimoku Weekly Study - Engulfed above Support - Week 3 of October 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 keeps above support (Tenkan Sen - blue line) and makes an Engulfing pattern.
Senkou Span A and B, flatten but stay crossed bullishly (right extreme). 

Chikou Spandeflects off the Price line (left).

Tenkan Sen and Kijun Sen flatten and remain crossed bullishly (center).

Wrap:   

Index makes an Engulfing pattern above support, Throw Back in progress...

Looking Forward into this Week:

All Signals favor Bulls, Bulls push for the Chikou Span deflection at the Price line, to continue.

Keeping above the 61.8% Fibonacci (Of this year's Hi and Lo) and reaching $62 is the Bull plan.
Throw back to the Kumo, in progress - That's the Bear Hope.

Wrap: 

Bears hope for a 'Throwback', with help from the shooting star & resistance at the previous high.

Bulls seek to keep the advantage with the Engulfing pattern. and support at the blue Tenkan Sen, for move towards $62.