The Dow Jones - Ichimoku Study - Week: 04 February to 08 February, 2013 - Bears Hold

                             .....Regulars can skip below and go straight to the chart......

Introduction can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Previous Signals seen on DJI 30 - Week Chart (EOW) marked on chart as per notes below

The Kumo Breakout: Strong Bullish  Signal (B)

The Flat Kumo: Bearish Signal (Ko)

The Chikou Span Cross:  Strong Bullish Signal (cC)  

Tenkan Sen Cross:  Strong Bullish Signal (Te)  
The Kijun sen cross:  Strong Bullish Signal (K) 

Last:
The Tenkan Sen/Kijun Sen Cross:  Strong Bullish Signal (T)

Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 08 Feb'13

Learning from the Past Week: (click here for the post)

Bears pull one back #2, Bearish Harami.

The Chikou Span #1 dips for a change - still way above the price line.

The Oscillator #3 ticks up - divergence with Price persists.

Bears hold Bull run for this week.

Looking Forward into the next Week:

Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #2.

Bearish Divergence apparent on the Oscillator #3.

A close below last week would give the Bears hope of recrossing the red Tenkan Sen Line #2.

BSE Sensex - Ichimoku Study - Week: 04 February to 08 February, 2013 - Bears on a Roll

                     .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Previous Signals seen on BSE 30 - Week Chart (EOW) marked on chart as per notes below:

The Senoku Span Cross:  Neutral Bullish Signal (Ss)

The Kijun Sen Cross: Neutral Bullish Signal (K)

The Tenkan Sen/Kijun Sen Cross: Strong Bullish Signal (T) 

The Kumo Break-out: Bullish Signal (B)  

The Chikou Span Cross:  Strong Bullish Signal (Cc)  

The Flat Kumo: Bearish Signal (Ko)

New:

The Tenkan Sen Cross:  Weak Bearish Signal (Te)  

BSE 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 08 Feb'13

Learning from the Past Week: (click here for the post)

Bears take out the Tenkan Sen and get a life  #2.

Oscillator ticks down and Divergence to Price is apparent #3.

Chikou Span dives towards the Price line #1

Bears follow up the Engulfing Red Candle of last week, with another red candle, to take over the Medium term Chart.

Looking Forward into the next Week:

Staying above the Kijun Sen - advantage is with the Bulls.

Bears see strength, below the Tenkan Sen #2.

The now, not so distant possibility of a Bearish, 'Kijun Sen - Tenkan Sen' Cross continues to be the Bear Hope..

S&P 500 - Triple Screen 'Technical Analysis' - Week: 28 January to 01 February, 2013 - Bulls near Channel Top

S&P 500 - End of  Month Chart (EOM) - Channel analyzing Data from mid 2009, onward - as on 01 Feb'13

S&P 500 - End of  Week Chart (EOW) - Channel analyzing Data from Aug' 2011 onward - as on 01 Feb'13

S&P 500 - End of  Day Chart (EOD) -  Channel analyzing Data from Nov'2012, onward - as on 01 Feb'13

Learning from the Past Week:  (click here for the post)

Channel top resistance #D1, as expected - hedges the Bulls, another green week ensues.

#D2 and #W2 shows the Divergence developing on this up move.

#M1, #W1, #D1 - show us that the Month Channel's red top line, is even closer to the price line.
5 EMA and 13 SMA on the EOD charts #D1, close in for a possible cross or deflection...
RSI #W2, causes another 'Lower High' and yet to move into oversold.

Bulls are on top on all the three screens as of now.

Bulls are on a Song and its only the Month/Day Channel's top red line #M1/#D1 and the Divergences #D2 & #W2, that could play spoil sport..

The Ellipses marked #M1, #W1 and #D1 indicate the hot spots on the long, medium and short term charts respectively.

As one can see - we are zooming into the action starting #M1 through #W1 and get up close in #D1.

Looking forward into the next Week:

Day channel's, top red line #D1, continues to be resistance for Bulls.

The MVWAP 34 on the EOD, #D1is the likely support.

RSI #W2, causing another 'Lower High' is not good for Bulls.

Possibility of a MA cross or deflection 13 SMA with 5 EMA on the Day charts #D1 appears nearer.
Month Channel top #M1 assumes critical importance as the next major resistance to beat.

Confluence of the Day & Month Channel Top is a critical resistance - #D1..

CNX Nifty 50 - Triple Screen 'Technical Analysis' - Week: 28 January to 01 February, 2013 - 2 Crows & a Wall

Nifty 50 - End of Month (EOM) Chart - Channel analyzing Data from 2008 onward - as on 01 Feb'13

Nifty 50 - End of  Week (EOW) Chart - Channel analyzing Data from Mid 2011 onward - as on 01 Feb'13

Nifty 50 - End of  Day  (EOD) Chart - Channel analyzing Data from Nov' 2012, onward - as on 01 Feb'13

Learning from the Past Week: (click here for the post)

Channel Top Stop on the EOW #3 - again - sends back the Bulls.

Our mark was 6126 and the week topped at 6112 - watchful bears moved down for a 125 point  fall #5.

5 EMA slips below the 13 SMA, on the short term charts #5 - disadvantage Bulls. 

Day channel #5 with the arrows, show us the resistance and supports to watch out for, next week.
Index slips below the 5 EMA on the EOW charts #3.

MACD and Signal lines stay Bearishly crossed #6.

A possible Evening Star Reversal fails - but a 'Bearish 2 Crows' pattern emerges #3

Bulls lose control of the short term even as the Bears rev up some momentum after bouncing off the Week Channel's top line #3.

Looking Forward into the next Week:

Channel top on the EOW, remains a major resistance #3.

Bouncing from the Blue middle line of the EOD channel #5 - Bulls could attempt a retake of the short term screen.

Index getting back above the 5 EMA on the EOW, is critical for Bulls in the medium term #3.

Action of the MACD vs signal line, is worth a watch #6.
Wall for the month is 6035.

A study of the 2 Crows pattern, here, here or anywhere else is good, from an educational perspective.

Closing above the Wall (6035) is the near term task for the Bulls - Taking the index below the 34 EMA on the EOD Charts #5 keeps the short term with the Bears.

The Dow Jones - Ichimoku Study - Week: 28 January to 01 February, 2013 - Bulls reach Higher

                             .....Regulars can skip below and go straight to the chart......

Introduction can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Previous Signals seen on DJI 30 - Week Chart (EOW) marked on chart as per notes below

The Kumo Breakout: Strong Bullish  Signal (B)

The Flat Kumo: Bearish Signal (Ko)

The Chikou Span Cross:  Strong Bullish Signal (cC)  

Tenkan Sen Cross:  Strong Bullish Signal (Te)  
The Kijun sen cross:  Strong Bullish Signal (K) 

Last:
The Tenkan Sen/Kijun Sen Cross:  Strong Bullish Signal (T)

Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 01 Feb'13

Learning from the Past Week: (click here for the post)

Post the Bullish 'Kijun Sen/Tenkan Sen' Cross #2, Bulls get another massive green week.

The Chikou Span #1 rears up, above the price line level.

The Oscillator #3 ticks up - divergence with Price persists.

Bulls again beat previous / last major Highs.

Looking Forward into the next Week:

Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #2.

A serious Bearish Divergence is developing on the Oscillator #3.

As in last couple of weeks, Bulls rule the Highs, bears pin hopes on recross of the fast rising Tenkan Sen (red line) and divergence #3.