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. 

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Bulls Fly - Start of Week 2 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 nears the Fibo 262% as marked.

Bulls maintain Higher Highs and Higher Lows and close just below the Channel resistance.
Index above all the Ichimoku Signals.

Wrap: 
Index gets another green candle above Support i.e. the Tenkan Sen (blue line) with another ATH. 

Looking forward into this Week:

Bulls now seek to reach 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 headed below 2550, and resistance near the Channel Top.

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Holding Higher High - Start of Week 2 of Nvember 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) and Kijun Sen (red line) cross.
Chikou Span, pole vaults above the Price Line (left).

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



Looking Forward into this Week:

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

Wrap:
Bears after slowing the momentum, seek to get the index below the Tenkan Sen (blue).
Bulls after making a Higher High, aim for the next Fibonacci level.

Nifty (Asia India) - Ichimoku Weekly Study - Target Zone - Start of Week 2 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 at the target zone 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 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 pray for a pause or deliberation in the Target Zone.