Ichimoku overview for week 07 2018

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 :)

Already the 7th week of the year...time goes by. This week brought 9 signals in 7 different markets (out of 22 in the investment universe):

• Cocoa Future (http://www.investing.com/commodities/us-cocoa)
  
• Coffee Future (http://www.investing.com/commodities/us-coffee-c)
• Copper (http://www.investing.com/commodities/copper)
  
• EUR/JPY (http://www.investing.com/currencies/eur-jpy)
• Gold (http://www.investing.com/commodities/gold)
  
• HSI (http://www.investing.com/indices/hang-sen-40)
• Orange Juice Future (http://www.investing.com/commodities/orange-juice)

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. You can check out the development activities at gitlab: https://gitlab.com/werwurm/ichi_reloaded.

So, correction is over and everyone´s back to business? Buy the dips, long only. Well...not so sure. DAX, Nikkei, SMI and EUROSTOXX are clearly still very bearish by ichimoku definition. US indices on the other hand, look as they want to return to their uptrend quickly... if we see a chikou cross next week, from a technical perspective they will be in Long mode (again, by ichimoku definition, remember: quotes above cloud, the same for chikou). I`ll stick to the system as I have no clue if the correction is over or has just begun. On the other hand, looking at commodities, there are some very nice moves going on at the moment (just check Cocoa and Soybeans Future). 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 7th week 2018, ordered by symbols:

+------------+--------+---------------+-------+-------------------+---------+
| date       | symbol | name          | type  | amp_info          | price   |
+------------+--------+---------------+-------+-------------------+---------+
| 2018-02-13 | Cocoa  | Kumo breakout | long  | from falling Kumo |  2049.5 |
| 2018-02-15 | Coffee | Kijun Cross   | short | Death X           |  121.75 |
| 2018-02-15 | Copper | Chikou Cross  | long  | 2018-01-16        |     3.2 |
| 2018-02-15 | EURJPY | Senkou Cross  | short | 2018-03-22        |  132.72 |
| 2018-02-14 | Gold   | Chikou Cross  | long  | 2018-01-15        |    1358 |
| 2018-02-14 | Gold   | Kijun Cross   | long  | Golden X          |    1358 |
| 2018-02-12 | HSI    | Kumo breakout | short | from rising Kumo  | 29459.6 |
| 2018-02-15 | HSI    | Chikou Cross  | long  | 2018-01-10        | 31115.4 |
| 2018-02-16 | OJuice | Kumo breakout | long  | from falling Kumo |   151.2 |
+------------+--------+---------------+-------+-------------------+---------+

The gallery contains the dark theme charts. If you hate it, feel free to drop a comment or a mail :)

• 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!