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 :)
And week 8 passed us by. It brought brought 7 signals in 5 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) has already begun. You can check out the development activities at gitlab: https://gitlab.com/werwurm/ichi_reloaded.
When you look at the Copper Chart, I finally fixed the bug that made the charts look choppy for the last x weeks- actually it wasn't a bug, but a misconfiguration that was a leftover from testing the last release. Stupid me. And sorry for everyone that was wondering why the charts made not much sense at all. Looking at the markets, there was no big change: European indices in a downtrend (but somewhat stabilizing), US ones going sideways, the sole exception being Hang Seng with also triggered 2 signals past week. The music still plays within the commodity markets, so stay tuned :) 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 8th week 2018, ordered by symbols:
+------------+-----------+---------------+-------+------------------+---------+
| date | symbol | name | type | amp_info | price |
+------------+-----------+---------------+-------+------------------+---------+
| 2018-02-21 | Copper | Kumo breakout | long | from rising Kumo | 3.237 |
| 2018-02-20 | DJTransp | Kumo breakout | short | from rising Kumo | 10340.6 |
| 2018-02-21 | HSI | Chikou Cross | long | 2018-01-12 | 31431.9 |
| 2018-02-21 | HSI | Kijun Cross | long | Golden X | 31431.9 |
| 2018-02-19 | Palladium | Kijun Cross | short | Death X | 1028.2 |
| 2018-02-20 | Silver | Kumo breakout | short | from rising Kumo | 16.425 |
| 2018-02-23 | Silver | Kumo breakout | short | from rising Kumo | 16.49 |
+------------+-----------+---------------+-------+------------------+---------+
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!
DAX |
2018-02-23 |
12483.79 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-01-18 |
from 13038.71 to 13096.69 |
price 13281.43 |
Last 3 STRONG signals: |
2018-02-05 |
Tenkan/Kijun Cross (Death X) |
Short at 12687.49 |
2018-02-05 |
Senkou Cross (2018-03-12) |
Short at 12687.49 |
2018-02-01 |
Kumo breakout (from falling Kumo) |
Short at 13003.90 |
|
|
|
DJI |
2018-02-23 |
25309.99 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 25309.99 in kumo or between kumo and price |
Kumo on 2018-01-17 |
from 23394.48 to 23963.96 |
price 26115.65 |
Last 3 STRONG signals: |
2018-02-08 |
Kumo breakout (from rising Kumo) |
Short at 23860.46 |
2018-02-06 |
Kumo breakout (from rising Kumo) |
Long at 24912.77 |
2018-02-02 |
Kijun Cross (Death X) |
Short at 25520.96 |
|
|
|
DJTransp |
2018-02-23 |
10578.9 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 10578.9 in kumo or between kumo and price |
Kumo on 2018-01-17 |
from 9962.5 to 9998.8 |
price 11258.5 |
Last 3 STRONG signals: |
2018-02-20 |
Kumo breakout (from rising Kumo) |
Short at 10340.6 |
2017-11-29 |
Senkou Cross (2018-01-08) |
Long at 10076.4 |
2017-11-29 |
Kumo breakout (from rising Kumo) |
Long at 10076.4 |
|
|
|
HSI |
2018-02-23 |
31267.2 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-16 |
from 28750.0 to 29115.2 |
price 31904.8 |
Last 3 STRONG signals: |
2018-02-21 |
Kijun Cross (Golden X) |
Long at 31431.9 |
2018-02-21 |
Chikou Cross (2018-01-12) |
Long at 31431.9 |
2018-02-15 |
Chikou Cross (2018-01-10) |
Long at 31115.4 |
|
|
|
N225 |
2018-02-23 |
21892.8 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-17 |
from 21797.9 to 22583.9 |
price 23868.3 |
Last 3 STRONG signals: |
2018-02-06 |
Senkou Cross (2018-03-14) |
Short at 21610.2 |
2018-02-06 |
Kumo breakout (from rising Kumo) |
Short at 21610.2 |
2018-02-01 |
Kijun Cross (Golden X) |
Long at 23486.1 |
|
|
|
STOXX50E |
2018-02-23 |
3441.46 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-01-18 |
from 3589.61 to 3614.08 |
price 3620.91 |
Last 3 STRONG signals: |
2018-02-05 |
Senkou Cross (2018-03-12) |
Short at 3478.77 |
2018-02-02 |
Kumo breakout (from falling Kumo) |
Short at 3523.28 |
2018-01-18 |
Senkou Cross (2018-02-23) |
Long at 3620.91 |
|
|
|
SMI |
2018-02-23 |
8948.2 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-01-18 |
from 9214.9 to 9257.0 |
price 9452.3 |
Last 3 STRONG signals: |
2018-02-06 |
Tenkan/Kijun Cross (Death X) |
Short at 8836.7 |
2018-02-06 |
Senkou Cross (2018-03-13) |
Short at 8836.7 |
2018-02-02 |
Kumo breakout (from rising Kumo) |
Short at 9220.7 |
|
|
|
SPX |
2018-02-23 |
2747.30 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-17 |
from 2580.16 to 2621.67 |
price 2802.56 |
Last 3 STRONG signals: |
2018-02-08 |
Senkou Cross (2018-03-18) |
Short at 2581.00 |
2018-02-08 |
Kumo breakout (from rising Kumo) |
Short at 2581.00 |
2018-02-06 |
Kumo breakout (from rising Kumo) |
Long at 2695.14 |
|
|
|
BuFu |
2018-02-23 |
159.48 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-01-18 |
from 162.08 to 163.00 |
price 160.58 |
Last 3 STRONG signals: |
2018-01-04 |
Senkou Cross (2018-02-09) |
Short at 161.59 |
2017-12-01 |
Kumo breakout (from falling Kumo) |
Long at 163.80 |
2017-11-27 |
Kumo breakout (from falling Kumo) |
Long at 163.11 |
|
|
|
Cocoa |
2018-02-23 |
2203.00 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-01-17 |
from 2023.12 to 2052.50 |
price 1997.50 |
Last 3 STRONG signals: |
2018-02-13 |
Kumo breakout (from falling Kumo) |
Long at 2049.50 |
2018-02-08 |
Kumo breakout (from falling Kumo) |
Long at 2028.50 |
2018-02-05 |
Senkou Cross (2018-03-13) |
Long at 2044.00 |
|
|
|
Coffee |
2018-02-23 |
119.450 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-01-17 |
from 125.980 to 127.400 |
price 123.100 |
Last 3 STRONG signals: |
2018-02-15 |
Kijun Cross (Death X) |
Short at 121.750 |
2018-02-07 |
Kumo breakout (from falling Kumo) |
Short at 123.300 |
2018-02-05 |
Senkou Cross (2018-03-13) |
Short at 119.800 |
|
|
|
Copper |
2018-02-23 |
3.208 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-24 |
from 3.061 to 3.075 |
price 3.208 |
Last 3 STRONG signals: |
2018-02-22 |
Kumo breakout (from rising Kumo) |
Long at 3.237 |
2018-02-15 |
Chikou Cross (2018-01-16) |
Long at 3.239 |
2018-02-07 |
Kumo breakout (from rising Kumo) |
Short at 3.076 |
|
|
|
Cotton |
2018-02-23 |
81.4200 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-17 |
from 70.5500 to 71.8925 |
price 82.1000 |
Last 3 STRONG signals: |
2017-11-24 |
Kumo breakout (from falling Kumo) |
Long at 71.9400 |
2017-11-09 |
Kijun Cross (Death X) |
Short at 68.3400 |
2017-11-01 |
Kijun Cross (Death X) |
Short at 68.2800 |
|
|
|
Gold |
2018-02-23 |
1330.300 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 1330.300 in kumo or between kumo and price |
Kumo on 2018-01-24 |
from 1265.000 to 1268.650 |
price 1356.300 |
Last 3 STRONG signals: |
2018-02-14 |
Kijun Cross (Golden X) |
Long at 1358.000 |
2018-02-14 |
Chikou Cross (2018-01-15) |
Long at 1358.000 |
2017-12-27 |
Kumo breakout (from falling Kumo) |
Long at 1291.400 |
|
|
|
OJuice |
2018-02-23 |
148.3 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 148.3 in kumo or between kumo and price |
Kumo on 2018-01-17 |
from 157.4 to 160.2 |
price 140.0 |
Last 3 STRONG signals: |
2018-02-16 |
Kumo breakout (from falling Kumo) |
Long at 151.2 |
2017-12-14 |
Kumo breakout (from rising Kumo) |
Short at 146.9 |
2017-11-10 |
Tenkan/Kijun Cross (Golden X) |
Long at 162.6 |
|
|
|
Palladium |
2018-02-23 |
1040.7 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-24 |
from 991.5 to 1009.4 |
price 1102.4 |
Last 3 STRONG signals: |
2018-02-19 |
Kijun Cross (Death X) |
Short at 1028.2 |
2018-02-06 |
Senkou Cross (2018-03-11) |
Short at 1009.3 |
2018-02-05 |
Kumo breakout (from rising Kumo) |
Short at 1017.3 |
|
|
|
Silver |
2018-02-23 |
16.490 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-24 |
from 16.245 to 16.507 |
price 17.515 |
Last 3 STRONG signals: |
2018-02-23 |
Kumo breakout (from rising Kumo) |
Short at 16.490 |
2018-02-20 |
Kumo breakout (from rising Kumo) |
Short at 16.425 |
2018-02-07 |
Kumo breakout (from rising Kumo) |
Short at 16.360 |
|
|
|
Soybeans |
2018-02-23 |
1037.0 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-01-22 |
from 983.8 to 993.1 |
price 983.2 |
Last 3 STRONG signals: |
2018-02-06 |
Kumo breakout (from falling Kumo) |
Long at 987.0 |
2018-02-06 |
Kijun Cross (Golden X) |
Long at 987.0 |
2018-01-30 |
Senkou Cross (2018-03-04) |
Long at 999.5 |
|
|
|
Sugar |
2018-02-23 |
13.68 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-17 |
from 14.25 to 14.83 |
price 13.42 |
Last 3 STRONG signals: |
2018-01-16 |
Senkou Cross (2018-02-22) |
Short at 13.59 |
2018-01-11 |
Kumo breakout (from rising Kumo) |
Short at 14.18 |
2018-01-11 |
Kijun Cross (Death X) |
Short at 14.18 |
|
|
|
WTI |
2018-02-23 |
63.550 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-01-24 |
from 55.300 to 57.365 |
price 65.610 |
Last 3 STRONG signals: |
2018-02-09 |
Kumo breakout (from rising Kumo) |
Short at 59.200 |
2017-12-26 |
Tenkan/Kijun Cross (Golden X) |
Long at 59.970 |
2017-12-19 |
Kijun Cross (Golden X) |
Long at 57.460 |
|
|
|
EURJPY |
2018-02-23 |
131.400 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-01-18 |
from 132.835 to 133.050 |
price 135.980 |
Last 3 STRONG signals: |
2018-02-15 |
Senkou Cross (2018-03-22) |
Short at 132.720 |
2018-02-08 |
Kumo breakout (from rising Kumo) |
Short at 133.180 |
2018-02-06 |
Kijun Cross (Golden X) |
Long at 135.610 |
|
|
|
EURUSD |
2018-02-23 |
1.22930 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-01-18 |
from 1.17580 to 1.18180 |
price 1.22390 |
Last 3 STRONG signals: |
2017-12-28 |
Tenkan/Kijun Cross (Golden X) |
Long at 1.19430 |
2017-12-19 |
Kumo breakout (from falling Kumo) |
Long at 1.18400 |
2017-12-19 |
Kijun Cross (Golden X) |
Long at 1.18400 |
|
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