"Insert your favourite comment here"
Saturday evening, time to look back for last two weeks of action.
As usual the "market weather backcast" contains the ichimoku analysis of 22 indices, futures and FOREX pairs. The linked charts contain all the details and neccessary context. Both charts and tables are generated automatically, at the moment the software is still work in progress. As such, I am not sure if it works 100% correctly, so if you see a mistake, would like to see an addition/change or simply give feedback: feel free to mail me at This email address is being protected from spambots. You need JavaScript enabled to view it.Thanks a lot :)
Last two weeks triggered 15 signals in 10 different markets (out of 22 in the investment universe):
If you would like to play around with the system that is used to generate the signals and charts on this blog, you can do so! The latest version of my software, ichinscratchy v0.3.0, was released in December 2017. It´s free & open source, you can find it under http://spare-time-trading.de/en/trading-system. Work on the next version (that will be a maintenance release) is progressing nicely. In fact I started using a development snapshot of the upcoming v0.4.0 to do this weekly analysis/overview as this part is already stable enough. You can check out the development activities at gitlab: https://gitlab.com/werwurm/ichi_reloaded.However, there is no release date yet. It´s done when it´s done...
If you follow the markets, and read other sources than my blog (you wouldn't admit, right? :-D)- there was a lot written about the markets, as it happens everytime when major indices lose > 10 percent of their highs. At the moment all indices in my investment horizon are a clear short, if you take a look at the tabular overview at the end you´ll see a lot of red.
Euro-Bund Future climbed back into kumo, might be a long candidate soon. Among the other futures, there still a couple of interesting long candidates, check sugar and coffee. EUR/JPY fell an impressing way down from ~133 at the end of September to it´s current low of ~127 last Friday. Hope you were all on the right side on this one...
For the complete picture, look at last weeks analysis and compare to this week, for all markets in the investment universe (especially for an intermarket analysis), as usual: check the charts and tables below!
All STRONG signals of the 42nd week 2018, ordered by symbols:
+------------+----------+---------------+-------+------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+----------+---------------+-------+------------------+--------------+
| 2018-10-18 | Cocoa | Kijun Cross | short | Death X | 2145.000000 |
| 2018-10-15 | EURUSD | Kumo Breakout | long | from rising Kumo | 1.157900 |
| 2018-10-17 | EURUSD | Kumo Breakout | short | from rising Kumo | 1.150100 |
| 2018-10-17 | N225 | Kumo Breakout | long | from rising Kumo | 22841.100000 |
| 2018-10-15 | Soybeans | Senkou Cross | long | 2018-11-19 | 890.800000 |
| 2018-10-18 | SPX | Kumo Breakout | short | from rising Kumo | 2768.780000 |
+------------+----------+---------------+-------+------------------+--------------+
All STRONG signals of the 43rd week 2018, ordered by symbols:
+------------+----------+---------------+-------+------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+----------+---------------+-------+------------------+--------------+
| 2018-10-18 | Cocoa | Kijun Cross | short | Death X | 2145.000000 |
| 2018-10-15 | EURUSD | Kumo Breakout | long | from rising Kumo | 1.157900 |
| 2018-10-17 | EURUSD | Kumo Breakout | short | from rising Kumo | 1.150100 |
| 2018-10-17 | N225 | Kumo Breakout | long | from rising Kumo | 22841.100000 |
| 2018-10-15 | Soybeans | Senkou Cross | long | 2018-11-19 | 890.800000 |
| 2018-10-18 | SPX | Kumo Breakout | short | from rising Kumo | 2768.780000 |
+------------+----------+---------------+-------+------------------+--------------+
Below is the gallery for the charts:
BuFu_contrast
Cocoa_contrast
Coffee_contrast
Copper_contrast
Cotton_contrast
DAX_contrast
DJI_contrast
DJTransp_contrast
EURJPY_contrast
EURUSD_contrast
Gold_contrast
HSI_contrast
N225_contrast
OJuice_contrast
Palladium_contrast
SMI_contrast
SPX_contrast
STOXX50E_contrast
Silver_contrast
Soybeans_contrast
Sugar_contrast
WTI_contrast
If you downloaded my software and wonder about the system settings, a quick overview for the most relevant ones used for this weekly overview:
- Ichimoku time period settings are standard (9,26,52), only strong signals are shown.
- ICHI_CHIKOU_CONFIRM = true (Chikou Span is used as confirmation/ filter for trend).
- ICHI_KUMO_CONFIRM = false (Kumo breakouts have to be higher/lower than last reaction high/low to be valid)
- SIGNAL_REGIME_FILTER = none (all market regime filters are off)
- SIGNAL_EXECUTION_PYRAMID = full (use every signal even if it is already in portfolio)
Below as mentioned the list with the evaluation of the status quo using Ichimoku. The tables also list the last three Strong Ichimoku Signals.
Wish you relaxing Trading!
DAX |
2018-10-26 |
11200.62 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-19 |
from 12553.79 to 12637.23 |
price 12219.02 |
Last 3 STRONG signals: |
2018-10-09 |
Tenkan/Kijun Cross (Death X) |
Short at 11977.22 |
2018-10-05 |
Kijun Cross (Death X) |
Short at 12111.90 |
2018-09-28 |
Kumo Breakout (from falling Kumo) |
Short at 12246.73 |
|
|
|
DJI |
2018-10-26 |
24688.31 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 24844.96 to 25292.33 |
price 26656.98 |
Last 3 STRONG signals: |
2018-10-23 |
Kumo Breakout (from rising Kumo) |
Short at 25191.43 |
2018-10-11 |
Kumo Breakout (from rising Kumo) |
Short at 25052.83 |
2018-08-16 |
Kijun Cross (Golden X) |
Long at 25558.73 |
|
|
|
DJTransp |
2018-10-26 |
9965.7 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 10722.6 to 10947.0 |
price 11517.4 |
Last 3 STRONG signals: |
2018-10-10 |
Senkou Cross (2018-11-15) |
Short at 10550.9 |
2018-10-10 |
Kumo Breakout (2018-11-15) |
Short at 10550.9 |
2018-07-26 |
Senkou Cross (2018-08-31) |
Long at 10984.9 |
|
|
|
HSI |
2018-10-26 |
24717.6 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-17 |
from 28253.1 to 29549.6 |
price 26932.8 |
Last 3 STRONG signals: |
2018-10-04 |
Tenkan/Kijun Cross (Death X) |
Short at 26623.9 |
2018-10-02 |
Kijun Cross (Death X) |
Short at 27126.4 |
2018-09-06 |
Tenkan/Kijun Cross (Death X) |
Short at 26974.8 |
|
|
|
N225 |
2018-10-26 |
21184.6 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-18 |
from 22237.3 to 22371.4 |
price 23434.0 |
Last 3 STRONG signals: |
2018-10-23 |
Kumo Breakout (from rising Kumo) |
Short at 22010.8 |
2018-10-17 |
Kumo Breakout (from rising Kumo) |
Long at 22841.1 |
2018-09-11 |
Kumo Breakout (from rising Kumo) |
Long at 22665.5 |
|
|
|
STOXX50E |
2018-10-26 |
3134.89 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 3437.53 to 3440.75 |
price 3403.12 |
Last 3 STRONG signals: |
2018-10-10 |
Tenkan/Kijun Cross (Death X) |
Short at 3266.90 |
2018-10-05 |
Kijun Cross (Death X) |
Short at 3345.51 |
2018-09-28 |
Kumo Breakout (from falling Kumo) |
Short at 3399.20 |
|
|
|
SMI |
2018-10-26 |
8665.8 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 8793.1 to 8994.3 |
price 9000.8 |
Last 3 STRONG signals: |
2018-10-11 |
Senkou Cross (2018-11-16) |
Short at 8639.2 |
2018-10-11 |
Kumo Breakout (2018-11-16) |
Short at 8639.2 |
2018-09-20 |
Senkou Cross (2018-10-26) |
Long at 9000.8 |
|
|
|
SPX |
2018-10-26 |
2658.69 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 2777.71 to 2823.49 |
price 2930.75 |
Last 3 STRONG signals: |
2018-10-18 |
Kumo Breakout (from rising Kumo) |
Short at 2768.78 |
2018-10-10 |
Senkou Cross (from rising Kumo) |
Short at 2785.68 |
2018-10-10 |
Kumo Breakout (from rising Kumo) |
Short at 2785.68 |
|
|
|
BuFu |
2018-10-26 |
160.87 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 160.40 in kumo or between kumo and price |
Kumo on 2018-09-20 |
from 161.60 to 162.47 |
price 158.74 |
Last 3 STRONG signals: |
2018-09-07 |
Senkou Cross (2018-10-15) |
Short at 159.95 |
2018-09-07 |
Kumo Breakout (2018-10-15) |
Short at 159.95 |
2018-09-07 |
Kijun Cross (Death X) |
Short at 159.95 |
|
|
|
Cocoa |
2018-10-26 |
2251.00 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-09-20 |
from 2203.25 to 2314.00 |
price 2201.00 |
Last 3 STRONG signals: |
2018-10-18 |
Kijun Cross (Death X) |
Short at 2145.00 |
2018-09-12 |
Kumo Breakout (Death X) |
Long at 2355.00 |
2018-07-27 |
Tenkan/Kijun Cross (Death X) |
Short at 2219.50 |
|
|
|
Coffee |
2018-10-26 |
119.650 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 108.088 to 114.650 |
price 99.750 |
Last 3 STRONG signals: |
2018-10-08 |
Senkou Cross (2018-11-13) |
Long at 111.850 |
2018-10-02 |
Kumo Breakout (2018-11-13) |
Long at 107.650 |
2018-09-24 |
Kijun Cross (Death X) |
Short at 98.500 |
|
|
|
Copper |
2018-10-26 |
2.744 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-09-20 |
from 2.692 to 2.921 |
price 2.721 |
Last 3 STRONG signals: |
2018-10-11 |
Kumo Breakout (from falling Kumo) |
Long at 2.797 |
2018-10-09 |
Kumo Breakout (from falling Kumo) |
Long at 2.795 |
2018-10-03 |
Kumo Breakout (from falling Kumo) |
Long at 2.822 |
|
|
|
Cotton |
2018-10-26 |
78.5500 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-09-20 |
from 85.7950 to 89.1450 |
price 78.4600 |
Last 3 STRONG signals: |
2018-10-24 |
Kijun Cross (Death X) |
Short at 77.0600 |
2018-08-14 |
Tenkan/Kijun Cross (Death X) |
Short at 83.0600 |
2018-07-20 |
Kumo Breakout (from rising Kumo) |
Short at 87.1100 |
|
|
|
Gold |
2018-10-26 |
1232.500 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-09-21 |
from 1196.075 to 1234.550 |
price 1203.400 |
Last 3 STRONG signals: |
2018-10-11 |
Kumo Breakout (from falling Kumo) |
Long at 1223.500 |
2018-10-11 |
Kijun Cross (from falling Kumo) |
Long at 1223.500 |
2018-10-08 |
Kumo Breakout (from falling Kumo) |
Short at 1184.400 |
|
|
|
OJuice |
2018-10-26 |
135.6 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 162.6 to 163.1 |
price 147.4 |
Last 3 STRONG signals: |
2018-08-16 |
Senkou Cross (2018-09-24) |
Short at 154.4 |
2018-08-13 |
Kumo Breakout (2018-09-24) |
Short at 158.5 |
2018-07-25 |
Kijun Cross (Golden X) |
Long at 164.8 |
|
|
|
Palladium |
2018-10-26 |
1091.6 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-09-26 |
from 871.9 to 904.6 |
price 1058.8 |
Last 3 STRONG signals: |
2018-08-29 |
Senkou Cross (2018-10-01) |
Long at 958.5 |
2018-08-29 |
Kumo Breakout (2018-10-01) |
Long at 958.5 |
2018-08-27 |
Kumo Breakout (from falling Kumo) |
Long at 941.9 |
|
|
|
Silver |
2018-10-26 |
14.705 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 15.744 in kumo or between kumo and price |
Kumo on 2018-09-26 |
from 14.826 to 15.295 |
price 14.305 |
Last 3 STRONG signals: |
2018-10-23 |
Kumo Breakout (from falling Kumo) |
Long at 14.780 |
2018-09-26 |
Kijun Cross (from falling Kumo) |
Short at 14.305 |
2018-08-29 |
Senkou Cross (2018-10-01) |
Long at 958.500 |
|
|
|
Soybeans |
2018-10-26 |
844.8 |
price in kumo |
--> sideways |
no trades |
Chikou-Span below kumo at 892.5 |
Kumo on 2018-09-26 |
from 874.2 to 877.6 |
price 847.8 |
Last 3 STRONG signals: |
2018-10-15 |
Senkou Cross (2018-11-19) |
Long at 890.8 |
2018-10-12 |
Kumo Breakout (2018-11-19) |
Long at 867.5 |
2018-10-05 |
Kumo Breakout (from falling Kumo) |
Long at 869.2 |
|
|
|
Sugar |
2018-10-26 |
13.84 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 10.77 to 11.59 |
price 10.80 |
Last 3 STRONG signals: |
2018-10-10 |
Senkou Cross (2018-11-15) |
Long at 12.85 |
2018-10-10 |
Tenkan/Kijun Cross (2018-11-15) |
Long at 12.85 |
2018-10-01 |
Kumo Breakout (from falling Kumo) |
Long at 11.61 |
|
|
|
WTI |
2018-10-26 |
67.590 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 67.610 to 69.430 |
price 70.800 |
Last 3 STRONG signals: |
2018-10-23 |
Senkou Cross (2018-11-28) |
Short at 66.430 |
2018-10-23 |
Kumo Breakout (2018-11-28) |
Short at 66.430 |
2018-09-19 |
Senkou Cross (2018-10-25) |
Long at 71.120 |
|
|
|
EURJPY |
2018-10-26 |
127.630 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-26 |
from 127.855 to 128.450 |
price 132.340 |
Last 3 STRONG signals: |
2018-10-23 |
Kumo Breakout (from rising Kumo) |
Short at 129.000 |
2018-09-13 |
Senkou Cross (from rising Kumo) |
Long at 130.840 |
2018-09-11 |
Kumo Breakout (from falling Kumo) |
Long at 129.570 |
|
|
|
EURUSD |
2018-10-26 |
1.14030 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-09-20 |
from 1.14968 to 1.15760 |
price 1.17770 |
Last 3 STRONG signals: |
2018-10-24 |
Senkou Cross (2018-11-29) |
Short at 1.13920 |
2018-10-17 |
Kumo Breakout (2018-11-29) |
Short at 1.15010 |
2018-10-15 |
Kumo Breakout (from rising Kumo) |
Long at 1.15790 |
|
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