Nifty (Asia India) - Ichimoku Weekly Study - Throwbacks and Red Line Supports - Week 4 of September 2018

Introduction & Primer to Ichimoku can be read at this link > click.

PAST

Index dives from the Fibonacci 141% and takes support at the Kijun Sen (red line).

Weekly close was below the previous ATH (All Time High), 11171 (Fibonacci 100%).

NEXT

Bulls now want to use current support at the red line (10858) to close above the old ATH (11171), by month end. (edited)

Bears see red, and look for life in the Cloud (Kumo)

WRAP

Bulls after the deep dive from Fibonacci 141%, seek to get green back on the screen, aim for life above the Blue Line (11313)

Bears, see more red and a fall below 10500 (i.e. into the Kumo) in the coming weeks.

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Double Top - Week 2 of September 2018.

Introduction & Primer to Ichimoku can be read at this link > click.

 

PAST

Index after breaking out above the Kijun Sen (red line) struggles near the Fibonacci 327%-341%. 
The 'Chikou Span' (left) stays above the Price line.

NEXT

Bulls, 'trend on' if  they can stay above the blue 'Tenkan Sen' support.
Bears seek make a Double Top.

WRAP

A Double Top is the current Bear Plan, staying below the Blue line, critical for the same.

Bulls seek to stay above the blue 'Tenkan Sen', and 'Trend on' to a new All Time High.

BitCoin, BTC/USD - Ichimoku Chart Study - Blue line Close - Week 1 of September 2018.

Introduction & Primer to Ichimoku can be read at this link > click.

 

PAST

BitCoin closes above the Tenkan Sen (blue line) last week.

Currently the Chikou Span (left) is on course, to cross or deflect the Price line (once again). 

The red Kijun Sen is near the Tenkan Sen.

NEXT

Bears seek deflection of the Blue and Red Lines.
Bulls hope to get above the Fibonacci 61.8% and make a Higher High after the Higher Low.

WRAP

Bears hope for life below the blue line and seek a lower low.

Bulls seek to get above the 61.8% Fibonacci, and follow the Higher Low with  a Higher High.