Brent Oil - Ichimoku Weekly Study - Confused Doji - 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 makes a Doji and shows its indecision, following earlier week's, red and then green 'Hanging Man' 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 gets stuck near the 141 Fibonacci retrace, weekly candle is a Doji.

Looking Forward into this Week:

While all Signals currently favor Bulls, the ranging gives the Bears an edge in.

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 finish the consolidation, with a continuation move towards $67. 

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.