Wednesday, January 10, 2018

S&P 500 (Americas, USA) - 'Weekly Technical Analysis' - Channel Top - Mid-Week 2 of January 2018.





Investing.com W Chart > Click

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

PAST

Index touches the Channel Top and returns.
Bulls again maintain Higher Highs and Higher Lows, last Week.
All Ichimoku Signals continue to favor Bulls.


NEXT

Bulls need to handle the Channel Resistance to make 2797, the 300% Fibonacci as marked.
Bears pray for resistance at the Channel Top to get the index below the Tenkan Sen (Blue Line)



WRAP


Index above support -  2797, is the Bull plan.
Bears get Channel Top Resistance, seek life below the blue line.



Monday, January 8, 2018

Nifty (Asia India) - Ichimoku Weekly Study - ATH - Start of Week 2 of January 2018





Investing.com
 
chart > 
Click

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

PAST

Index takes support at the 162% Fibonacci as it makes a new ATH.
Index keeps above the Blue Tenkan Sen Support line making a Pinbar.


NEXT

Bulls seek to use the current strength to make a dash to another new All Time High (11200+).
Bulls want to make another Higher High, a new ATH and maintain the major wave 'Higher High - Higher Low'.


WRAP


Bulls seek to use current signals, to keep above the Tenkan Sen and target the 200% Fibonacci (11200+) as marked.
Bears hope to get below the blue line.



Saturday, January 6, 2018

BitCoin, BTC/USD - Ichimoku Chart Study - Support at Blue line - Intra-week 2 of January 2018.







Investing.com
 
chart > 
Click

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

PAST

BitCoin falling from the All Time High, takes support at the blue Tenkan Sen (see center)
Chikou Span (White line..see left) way above the Price line, Bullish.
The Kumo flattens (Green and Pink border...see right) while currently Bullish.


NEXT

Support at the Blue Tenkan Sen or Red Kijun Sen expected this week.
Bears like the two long candles sets, which make a lower High.
Bulls would want to keep above the current low near the blue line, and go on to make a higher high.


WRAP


Bears hope for life below the Tenkan Sen (Blue line) to reinforce the lower High.
With current momentum, Bulls seek to take out the All Time High and make a Higher High



Brent Oil - Ichimoku Weekly Chart Study - $67+ - Week 2 of January 2018.







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

PAST

Index heads for the next target of $71+, reaches $ 68 last week.
All signals favored the Bulls last week.
Index spent last week around the 127% Fibonacci retrace of the 'Last Bottom to Jan'2017 High'.


NEXT

All Signals expected to favor Bulls.
Bears, sense hesitation in last week's 'Deliberation' candle.
Heading to the 141% Fibonacci ($71+) with the current momentum would be the Bull way.


WRAP


Bears hope fatigue will lead to life below the Tenkan Sen (Blue line).
With another record close in recent times, Bulls seek to keep above $67. 



Monday, January 1, 2018

Nifty (Asia India) - Ichimoku Weekly Study - Starry Highs - Start of Week 1 of January 2018






Zoom into Monday's chart .. Click


Introduction / Primer to Ichimoku can be read at this link (click).
 

Learning from the Earlier Study: (click here for the previous post) 


Index reaches target 10500+, with the 'Three Inside up'.

Index keeps above the Blue Tenkan Sen Support line but make a double top.


Wrap:
Index makes it to 10500+ with help from the Three Inside up 
candle pattern.



Looking Forward into this Week:


Bulls seek to use the current strength to make a dash to another new All Time High (11200+).

Bears see faint hope in the Doji of last week becoming an Evening Doji Star.
Bulls want to make another Higher High a new ATH and maintain the major wave 'Higher High - Higher Low'.


Wrap: 
Bulls seek to use current signals, to keep above the Tenkan Sen and target the 200% Fibonacci (11200+) as marked.

Bears hope to use current resistances to target life below the red line.