A personal note before I start this week´s overview: Because I am in the process of moving into a new home at the moment, there might be a 2 or even 3 week pause with updates on my blog- until I am fully operational again. However, I hope you still find this little blog useful and continue visiting me :)
As usual the 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 :)
This year is already half way through- week 27 Just finished. Looks like markets are starting their summer vacations, the number of signals slightly dropped: 11 signals in 10 different markets (out of 22 in the investment universe) were triggered.
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...
Last week the downward moves of the major indices took a break. SPX even managed to generate 2 long signals, but whether this is just a small stop for breathing or a general reversal, it is way too early to tell. About currencies: I´d still call EUR/USD and EUR/JPY movement a sideways range, and advise to be careful at this moment. Gold seems to continue it´s stable downtrend, while Silver continues to behave erratically. 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 27th week 2018, ordered by symbols:
+------------+----------+---------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+----------+---------------+-------+-------------------+--------------+
| 2018-07-05 | BuFu | Chikou Cross | long | 2018-05-30 | 162.700000 |
| 2018-07-02 | Cotton | Kumo Breakout | short | from rising Kumo | 82.970000 |
| 2018-07-06 | DJTransp | Senkou Cross | short | 2018-08-13 | 10473.900000 |
| 2018-07-05 | EURJPY | Kumo Breakout | long | from falling Kumo | 129.330000 |
| 2018-07-02 | EURUSD | Kijun Cross | short | Death X | 1.164100 |
| 2018-07-05 | N225 | Kumo Breakout | short | from rising Kumo | 21547.000000 |
| 2018-07-06 | OJuice | Chikou Cross | long | 2018-05-30 | 168.400000 |
| 2018-07-02 | SMI | Kijun Cross | short | Death X | 8529.600000 |
| 2018-07-05 | SPX | Chikou Cross | long | 2018-05-29 | 2736.610000 |
| 2018-07-06 | SPX | Kijun Cross | long | Golden X | 2759.820000 |
| 2018-07-02 | Sugar | Kumo Breakout | short | from falling Kumo | 11.560000 |
+------------+----------+---------------+-------+-------------------+--------------+
Below is the gallery for the charts:
BuFu_light
Cocoa_light
Coffee_light
Copper_light
Cotton_light
DAX_light
DJI_light
DJTransp_light
EURJPY_light
EURUSD_light
Gold_light
HSI_light
N225_light
OJuice_light
Palladium_light
SMI_light
SPX_light
STOXX50E_light
Silver_light
Soybeans_light
Sugar_light
WTI_light
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 |
2018-07-06 |
12496.17 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 12282.77 in kumo or between kumo and price |
Kumo on 2018-05-31 |
from 12188.95 to 12315.93 |
price 12604.89 |
Last 3 STRONG signals: |
2018-06-25 |
Senkou Cross (2018-07-31) |
Short at 12270.33 |
2018-06-25 |
Kumo Breakout (2018-07-31) |
Short at 12270.33 |
2018-06-15 |
Tenkan/Kijun Cross (Golden X) |
Long at 13010.55 |
|
|
|
DJI |
2018-07-06 |
24456.48 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 24601.27 in kumo or between kumo and price |
Kumo on 2018-05-30 |
from 24346.34 to 24572.43 |
price 24667.78 |
Last 3 STRONG signals: |
2018-06-25 |
Kumo Breakout (from rising Kumo) |
Short at 24252.80 |
2018-06-01 |
Kumo Breakout (from rising Kumo) |
Long at 24635.21 |
2018-05-30 |
Kumo Breakout (from falling Kumo) |
Long at 24667.78 |
|
|
|
DJTransp |
2018-07-06 |
10473.9 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-30 |
from 10322.8 to 10465.9 |
price 10918.7 |
Last 3 STRONG signals: |
2018-07-06 |
Senkou Cross (2018-08-13) |
Short at 10473.9 |
2018-06-27 |
Kumo Breakout (2018-08-13) |
Short at 10331.6 |
2018-05-14 |
Senkou Cross (2018-06-20) |
Long at 10663.2 |
|
|
|
HSI |
2018-07-06 |
28315.6 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-29 |
from 30625.1 to 31088.6 |
price 30484.6 |
Last 3 STRONG signals: |
2018-06-19 |
Senkou Cross (2018-07-26) |
Short at 29468.2 |
2018-06-15 |
Kumo Breakout (2018-07-26) |
Short at 30309.5 |
2018-06-08 |
Senkou Cross (2018-07-18) |
Long at 30958.2 |
|
|
|
N225 |
2018-07-06 |
21788.1 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 21382.6 in kumo or between kumo and price |
Kumo on 2018-05-31 |
from 21424.8 to 21652.8 |
price 22201.8 |
Last 3 STRONG signals: |
2018-07-05 |
Kumo Breakout (from rising Kumo) |
Short at 21547.0 |
2018-06-12 |
Tenkan/Kijun Cross (from rising Kumo) |
Long at 22878.3 |
2018-06-05 |
Kijun Cross (Golden X) |
Long at 22539.5 |
|
|
|
STOXX50E |
2018-07-06 |
3448.49 |
price in kumo |
--> sideways |
no trades |
Chikou-Span above kumo at 3369.83 |
Kumo on 2018-05-31 |
from 3392.83 to 3436.27 |
price 3406.65 |
Last 3 STRONG signals: |
2018-06-25 |
Kumo Breakout (from rising Kumo) |
Short at 3369.21 |
2018-06-21 |
Kumo Breakout (from rising Kumo) |
Short at 3403.51 |
2018-04-26 |
Kumo Breakout (from falling Kumo) |
Long at 3506.03 |
|
|
|
SMI |
2018-07-06 |
8697.4 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-31 |
from 8757.1 to 8779.2 |
price 8457.0 |
Last 3 STRONG signals: |
2018-07-02 |
Kijun Cross (Death X) |
Short at 8529.6 |
2018-05-31 |
Senkou Cross (Death X) |
Short at 8457.0 |
2018-05-29 |
Kumo Breakout (from falling Kumo) |
Short at 8637.2 |
|
|
|
SPX |
2018-07-06 |
2759.82 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-05-30 |
from 2667.29 to 2668.10 |
price 2724.01 |
Last 3 STRONG signals: |
2018-07-06 |
Kijun Cross (Golden X) |
Long at 2759.82 |
2018-07-05 |
Chikou Cross (Golden X) |
Long at 2736.61 |
2018-05-17 |
Senkou Cross (2018-06-25) |
Long at 2720.13 |
|
|
|
BuFu |
2018-07-06 |
162.82 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-05-31 |
from 158.52 to 158.63 |
price 162.14 |
Last 3 STRONG signals: |
2018-06-27 |
Tenkan/Kijun Cross (Golden X) |
Long at 162.30 |
2018-06-21 |
Senkou Cross (Golden X) |
Long at 162.15 |
2018-06-15 |
Kijun Cross (Golden X) |
Long at 161.16 |
|
|
|
Cocoa |
2018-07-06 |
2480.50 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-30 |
from 2421.50 to 2648.50 |
price 2522.50 |
Last 3 STRONG signals: |
2018-06-22 |
Kijun Cross (Death X) |
Short at 2508.50 |
2018-06-04 |
Kumo Breakout (Death X) |
Short at 2341.00 |
2018-05-16 |
Kijun Cross (Golden X) |
Long at 2726.50 |
|
|
|
Coffee |
2018-07-06 |
111.250 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-30 |
from 116.450 to 118.725 |
price 120.300 |
Last 3 STRONG signals: |
2018-06-15 |
Senkou Cross (2018-07-24) |
Short at 115.200 |
2018-06-15 |
Tenkan/Kijun Cross (2018-07-24) |
Short at 115.200 |
2018-06-07 |
Kumo Breakout (from falling Kumo) |
Short at 115.700 |
|
|
|
Copper |
2018-07-06 |
2.813 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-06-05 |
from 3.070 to 3.089 |
price 3.191 |
Last 3 STRONG signals: |
2018-06-21 |
Senkou Cross (2018-07-26) |
Short at 3.025 |
2018-06-19 |
Kumo Breakout (2018-07-26) |
Short at 3.046 |
2018-06-05 |
Tenkan/Kijun Cross (Golden X) |
Long at 3.191 |
|
|
|
Cotton |
2018-07-06 |
84.3700 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-30 |
from 80.8500 to 82.9875 |
price 92.5000 |
Last 3 STRONG signals: |
2018-07-02 |
Kumo Breakout (from rising Kumo) |
Short at 82.9700 |
2018-06-22 |
Kumo Breakout (from rising Kumo) |
Long at 85.8100 |
2018-06-19 |
Kumo Breakout (from rising Kumo) |
Short at 83.3300 |
|
|
|
Gold |
2018-07-06 |
1254.300 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-06-05 |
from 1326.975 to 1336.400 |
price 1297.500 |
Last 3 STRONG signals: |
2018-06-26 |
Tenkan/Kijun Cross (Death X) |
Short at 1256.600 |
2018-06-15 |
Kijun Cross (Death X) |
Short at 1274.600 |
2018-06-11 |
Kijun Cross (Death X) |
Short at 1298.900 |
|
|
|
OJuice |
2018-07-06 |
168.4 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-05-30 |
from 141.3 to 143.3 |
price 162.7 |
Last 3 STRONG signals: |
2018-07-06 |
Chikou Cross (2018-05-30) |
Long at 168.4 |
2018-04-26 |
Senkou Cross (2018-05-30) |
Long at 152.1 |
2018-04-17 |
Kumo Breakout (from rising Kumo) |
Long at 145.6 |
|
|
|
Palladium |
2018-07-06 |
947.6 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-06-05 |
from 965.2 to 969.5 |
price 985.7 |
Last 3 STRONG signals: |
2018-06-25 |
Senkou Cross (2018-07-30) |
Short at 935.4 |
2018-06-19 |
Kumo Breakout (2018-07-30) |
Short at 960.3 |
2018-05-31 |
Kumo Breakout (from rising Kumo) |
Long at 981.7 |
|
|
|
Silver |
2018-07-06 |
15.981 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-06-06 |
from 16.441 to 16.600 |
price 16.642 |
Last 3 STRONG signals: |
2018-06-26 |
Senkou Cross (2018-07-31) |
Short at 16.275 |
2018-06-25 |
Kumo Breakout (2018-07-31) |
Short at 16.308 |
2018-06-19 |
Kumo Breakout (from falling Kumo) |
Short at 16.303 |
|
|
|
Soybeans |
2018-07-06 |
877.5 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-30 |
from 1029.9 to 1033.0 |
price 1024.0 |
Last 3 STRONG signals: |
2018-06-06 |
Tenkan/Kijun Cross (Death X) |
Short at 995.5 |
2018-06-04 |
Senkou Cross (Death X) |
Short at 1002.2 |
2018-06-04 |
Kijun Cross (Death X) |
Short at 1002.2 |
|
|
|
Sugar |
2018-07-06 |
11.51 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-30 |
from 11.89 to 12.61 |
price 12.60 |
Last 3 STRONG signals: |
2018-07-02 |
Kumo Breakout (from falling Kumo) |
Short at 11.56 |
2018-06-26 |
Kumo Breakout (from falling Kumo) |
Long at 12.12 |
2018-06-08 |
Kumo Breakout (from falling Kumo) |
Long at 12.25 |
|
|
|
WTI |
2018-07-06 |
73.800 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-06-03 |
from 64.755 to 66.900 |
price 65.770 |
Last 3 STRONG signals: |
2018-06-29 |
Senkou Cross (2018-08-06) |
Long at 74.150 |
2018-06-29 |
Tenkan/Kijun Cross (2018-08-06) |
Long at 74.150 |
2018-06-27 |
Kumo Breakout (from rising Kumo) |
Long at 72.760 |
|
|
|
EURJPY |
2018-07-06 |
129.750 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-06-06 |
from 131.230 to 131.815 |
price 129.720 |
Last 3 STRONG signals: |
2018-07-05 |
Kumo Breakout (from falling Kumo) |
Long at 129.330 |
2018-06-29 |
Kumo Breakout (from falling Kumo) |
Long at 129.330 |
2018-06-29 |
Tenkan/Kijun Cross (Death X) |
Short at 129.330 |
|
|
|
EURUSD |
2018-07-06 |
1.17470 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 1.23170 in kumo or between kumo and price |
Kumo on 2018-05-31 |
from 1.22312 to 1.22665 |
price 1.16920 |
Last 3 STRONG signals: |
2018-07-02 |
Kijun Cross (Death X) |
Short at 1.16410 |
2018-06-27 |
Tenkan/Kijun Cross (Death X) |
Short at 1.15540 |
2018-06-26 |
Kijun Cross (Death X) |
Short at 1.16470 |
|
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