S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Range Break - Start of Week 5 of November 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 breaks out of the previous 4 week range and makes a new All Time High (ATH).

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

Wrap: 
Index breaks range and makes a new ATH.

Looking forward into this Week:

Bulls again would seek to reach the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make an impact.

Getting a red candle and getting below the Tenkan Sen, is the Bear Plan. 

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

Bears pray for red, and life below the previous range.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Support & Resistance - Start of Week 5 of November 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 moves from support at the Kijun Sen (red line) to resistance at the Tenkan Sen (Blue line).
Tenkan Sen (Blue) above the Kijun Sen (red line).
Chikou Span, plays peek a boo with the Price Line (left).

Wrap: 
Bulls maintain the Higher High. Index in range.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span clearly above the Price Line, will give the advantage to the Bulls.
Bears now hope for a retreat to the Kumo.
Tenkan Sen (Blue) and Kijun Sen (red line) is current range, to break out from.

Wrap:
Bears after slowing the momentum, and getting more red on the screen, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, want the next Fibonacci level after clearing the Tenkan Sen.

Nifty (Asia India) - Ichimoku Weekly Study - Lift off from Support - Start of Week 5 of November 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) 

After the perfect Support, at the Tenkan Sen, index gained with a green week.
Index still below the target zone 10500. 
Bulls retain Higher High and Higher Low.



Wrap:
Index continues its take off from the Blue line (Tenkan Sen), which was Support.




Looking Forward into this Week:

Bulls want to use the take off from support, to reach the 162% Fibonacci, after the higher high and higher low.
Bears seek to make a Lower Low and head below the Kijun Sen (red line).


Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears hope to make a lower low and turn from the target zone once again.

Brent Oil - Ichimoku Weekly Study - Above support and Hang em twice - Week 1 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 follows earlier week's  'Opening white Marubozu', with a red and then green, Hanging Man, weekly candles.

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 goes into a range after an 'Opening white Marubozu', above support at $62.x

Looking Forward into this Week:

All Signals currently favor Bulls.

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 hope for a 'Throwback', to the Kumo.

Bulls want to retain the advantage, keeping above support, for continuation move towards $67. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Doji on Support - Start of Week 4 of November 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 bounces off support (i.e. Tenkan Sen - blue line) and makes a Doji candle.

Bulls maintain Higher Highs and Higher Lows but end up with an uncertain Week.
All Ichimoku Signals continue to favor Bulls.

Wrap: 
Index trades a Doji candle, but above Support i.e. the Tenkan Sen (blue line), ranging week.

Looking forward into this Week:

Bulls again would seek to reach the 262% Fibonacci.
Bears need to get below the Kijun Sen (Red Line) to make an impact.

Getting a red candle and getting below the Tenkan Sen, is the Bear Plan. 

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

Bears pray for red and life below the critical 2550.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Holding at Support - Start of Week 4 of November 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 slides to take support exactly at the Kijun Sen (red line).
Tenkan Sen (Blue) above the Kijun Sen (red line).
Chikou Span, below the Price Line (left).

Wrap: 
Bulls maintain the Higher High. Bears repeat Red Week.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span above the Price Line will give the advantage to the Bulls.
Bears now hope for a retreat to the Kumo.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:
Bears after slowing the momentum, and getting more red on the screen, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, want the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Blue Line Holds - Start of Week 4 of November 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 continued its retreat from the target zone 10500. 
Bulls retain Higher High and Higher Low.
Perfect Support, at the Tenkan Sen, sends the index above the lows of the week.


Wrap:
Index retreats near target zone, the Blue line (Tenkan Sen), was perfect Support.




Looking Forward into this Week:

Bulls want to use the take off from support, to reach the 162% Fibonacci, after the higher high and higher low.
Bears seek to make a Lower Low and head below the Kijun Sen (red line).


Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears hope to build on the two red candles and make a lower low..

Brent Oil - Ichimoku Weekly Study - Above support - Week 4 of November 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 follows last week's  'Opening white Marubozu', with a red weekly candle.

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

Chikou Span turns towards the Price line (left).

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

Wrap:   

Index goes red after an 'Opening white Marubozu', above support at $62.x

Looking Forward into this Week:

All Signals currently favor Bulls.

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 hope for a 'Throwback', to the Kumo.

Bulls hope to retain the advantage, keeping above support, for continuation move towards $67. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Bears get a red week - Start of Week 3 of November 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 way above support (i.e. Tenkan Sen - blue line) and below the channel top as marked.

Bulls maintain Higher Highs and Higher Lows but end up with a Red Week.
All Ichimoku Signals favor Bulls.

Wrap: 
Index trades a red candle, but above Support i.e. the Tenkan Sen (blue line) with another ATH. 

Looking forward into this Week:

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

Getting another red candle and getting below the Tenkan Sen, is the Bear Plan. 

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

Bears pray for more red and life below 2550.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Dive to Support Zone? - Start of Week 3 of November 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 above all Ichimiku Supports.
Tenkan Sen (Blue) crosses above the Kijun Sen (red line).
Chikou Span, slips below the Price Line (left).

Wrap: 
Bulls consolidate the Higher High. Bears score with a Red Week.
 



Looking Forward into this Week:

Cross (left) of the Chikou Span and Price Line gives advantage to the Bears.
Bears now hope for a retreat to below, the blue Tenkan Sen Line.
Tenkan Sen (Blue) and Kijun Sen (red line) crossing, puts pressure on Bears.

Wrap:
Bears after slowing the momentum, and getting red on the screen, seek to get the index below the Kijun Sen (red line).
Bulls after making a Higher High, want the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Target Zone retreat - Start of Week 3 of November 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 retreats at the target zone 10500. 
Bulls retain Higher High and Higher Low.
Current Support, the Tenkan Sen moves up - index above support.


Wrap:
Index retreats near target zone, the Fibonacci 162% (of last major Hi Lo) marked above.




Looking Forward into this Week:

Bulls want to restart the momentum and  reach the 162% Fibonacci, after the higher high and higher low.
Bears seek to make a Lower Low and head towards the Tenkan Sen (blue line).
The Bears expect the index to get shy near the target and hope for a red week. 

Wrap: 
Bulls intend to keep above the Tenkan Sen and reach the 162% Fibonacci (10500+) as marked
Bears hope the deliberation in the Target Zone, turns into a full fledged fall..

Brent Oil - Ichimoku Weekly Study - Bull over support - Week 3 of November 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 a 'Three Outside Up' pattern approaches $67, making an 'Opening white Marubozu' above support $62.

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

Chikou Span deflects, way above the Price line (left).

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

Wrap:   

Index makes an 'Opening white Marubozu', above support at $62.

Looking Forward into this Week:

All Signals currently favor Bulls.

Getting  below support and turning towards the Kumo is the Bear plan.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.

Wrap: 

Bears hope for a 'Throwback', to the Kumo.

Bulls hope to retain the advantage, with the  'Opening white Marubozu', for move towards $67.