Brent Oil - Ichimoku Weekly Chart Study - Kumo Resistance and Fibonacci Supports - Week 3 of December 2018.

Investing.com chart > Click

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

 

PAST

Brent, pauses at the 162% Fibonacci projection as marked above.
Bears keep it below the KUMO for three weeks.
Chikou Span (left) stays deflected off the Price line - for now.

NEXT

Bears see resistance at the Kumo and the fall continuing towards the Fibonacci 200%.

Bulls seek to punch through the Kumo and reach $77 above the Kijun Sen (red line). 

WRAP

Bears after holding out below the Kumo, see more red.

Bulls after three weeks of consolidation, seek to get into the Kumo and then strike above it towards $77. 

Nifty (Asia India) - Ichimoku Weekly Study - Cloud (Kumo) Wars - Week 2 of December 2018

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

PAST

Nifty 50, spends a dozen weeks around the gravitational field of the Kumo.

Chikou Span (left), climbs above and below the price line.

NEXT

Nifty draws a wide range, between 10K and 11.2K, in a bid to resolve the direction.

Bearish cross of the Blue and Red lines, can be attenuated with a break above this range.

Cumulative effect of Bearish Signals and range break down, would give the Bears their honey.

  

WRAP

Bulls with a Higher low and pop above the Kumo, seek to get above range at 11.2K.

Bears, want life below the Kumo and plan a lower high and then a lower low near 8k.

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Skirmish at the 'Cloud' - Week 2 of December 2018.

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

 

PAST

Index after dropping down to the Kumo (cloud), does a 7 week skirmish here.

The 'Chikou Span' (left) weaves in and out of the Price line.

NEXT

Bulls, seek to get above the Kumo. Bears push for life below the Kumo.
The 'Chikou Span' (left) on the Price line for a Bearish Cross or Bullish Deflection.

WRAP

After a 7 week skirmish at the Kumo (cloud) Bulls and Bears, yet to resolve the direction from here.

The Kumo (2639 to 2697) and Fibonacci 262%, are the numbers to beat, for the future of the 'Trump' Rally.