CAC 40 (Europe Paris) - Ichimoku Weekly Study - Bull Hold - Week 1 of April 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 takes off from Support as marked and maintain the up trend.
Index is at a Higher High and above all indicators.
Chikou Span (White) goes higher (extreme left).

Wrap:
Index spikes in the direction of the August 2015 High.
 



Looking Forward into this Week:

Bears want to see some red and a retest of Supports.
Bulls maintain Higher High - Higher Low in style.
Senkou Span A&B maintain their distance.

Wrap:

Bulls look to get to the next resistance and maintain higher lows.
Hopeful Bears seek to get index below the Tenkan Sen (Center).

SGX Nifty (Asia Singapore) - Ichimoku Weekly Study - Flirting with Old highs - Week 1 of April 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 closes the week above the March 2015 High - making it an official 'Higher Close'.
Chikou Span (white) flat, but way above the price line (see extreme left). 
The Tenkan Sen (blue) is now Support.

Wrap:
Bulls finally use the Bullish Tenkan Sen-Kijun Sen Cross, to close above the previous 'All Time High'.




Looking Forward into this Week:

Bulls hold on to a Tenkan Sen and Kijun Sen cross - which is a strong Bullish Signal.
Chikou Span - needs to stay above the Price line to keep the Bull move alive.
Bears dream of life below the March 2015 High, and a crash to sub 7070 levels.

Wrap: 
Bears would want to head to the Tenkan Sen and get some red on the Index. 
Bulls with a Higher close plus Bullish 'Tenkan Sen- Kijun Sen Cross', now would want to take out the next resistance as marked. 

Brent Crude Oil - Ichimoku Weekly Study - Perfect Range - Week 1 of April 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 closed the week exactly at the Kijun Sen (red) earlier and took off to the Resistance Tenkan Sen (blue) last week.
Index inside the 61.8% and 50% Fibonacci retrace of the last major High & Low.
Chikou Span (white) deflects above the price line (see extreme left).

Wrap:   
Chikou Span deflects off the Price line, Index stoic, bounces to the Tenkan Sen. 

Looking Forward into this Week:

Bulls would want to get Index above the Tenkan Sen(blue) and prevent the Chikou Span from going  below the Price line.
Bears want to see Index retest the bottom and to start with, aim for the Kumo (cloud).
With a Higher Low possible  @ Kijun Sen, Bulls look to ensure a Higher High.

Wrap: 
Stoic Bulls seek to use the Kijun Sen support to get back above the 61.8% Fibonacci retrace and make a Higher High.
Bears after defending the above resistance, want to see the Index close below the marked supports to reach the Kumo.

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Bearing Lower - Week 5 of March 2017.

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Learning from last Week:  (click here for the previous post)

Index slips lower below the 1.62 Fibonacci resistance of a major retrace as seen above.

Bear camp attempts to hold this line early this week.

Wrap: 
The Index falls below the 2.62 extension of the last minor High-Low and is now at the 1.62 extension of the  last major High-Low.

Looking forward into this Week:

Bears hope to close the week below the current resistance (1.62).
Bulls seek Higher Highs and a close above this major level (1.62).
Index Support and Resistance possibilities are marked as above. 

Wrap:
Bulls seeking another major Break out - run down below major resistances.
Bears having taken advantage of the earlier (2.62) resistance, seek to keep the pressure on and change the trend. 

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Stall? - Week 5 of March 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 another High Wave candle, looks like its stalling in the same space.
Index is at a Higher High and above all indicators.
Chikou Span (White) goes flat (extreme left).

Wrap:
Index stalls and makes another indecisive High Wave candle.
 



Looking Forward into this Week:

Bears want to see some red and the Chikou Span headed back towards the Kumo (extreme left).
Bulls maintain Higher High - Higher Low but seem to have run out of spirit.
Bears now look to bring the index below the supports marked.

Wrap:

Bulls need to push above recent highs to maintain Index triggers as Bullish.
Hopeful Bears hope to see the index below the Tenkan Sen (Center).