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 :)
The 14h week brought back some vola into the investment universe: 12 signals in 8 different markets (out of 22 in the investment universe) were generated:
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.
Looking at major indices shows that they are still far in bearish territory. Just check the tables below, all indices are red, not a single one blue (the color I chose for neutral/sideways markets) or even green (uptrends). If you are able to trade the short side, these trends are well-established! Be careful with the two FOREX pairs in the investment universe: both are not trending at the moment (assuming the Ichimoku criteria for a trend and a daily timeframe). The same is true for Gold and Silver- the latter is trading in a sideways range since mid-February, generating a couple false signals. Thats what stop losses were invented for ;)Palladium, Coffee and Sugar Futures are trending within downtrends, Palladium with strong momentum. 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 14th week 2018, ordered by symbols:
+------------+--------+--------------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+--------+--------------------+-------+-------------------+--------------+
| 2018-04-06 | Copper | Kijun Cross | short | Death X | 3.054000 |
| 2018-04-05 | Cotton | Kijun Cross | long | Golden X | 82.630000 |
| 2018-04-06 | DJI | Kijun Cross | short | Death X | 23932.760000 |
| 2018-04-02 | EURJPY | Kijun Cross | short | Death X | 130.270000 |
| 2018-04-03 | Gold | Senkou Cross | long | 2018-05-08 | 1337.300000 |
| 2018-04-02 | Gold | Kumo breakout | long | from rising Kumo | 1346.900000 |
| 2018-04-02 | Gold | Kijun Cross | long | Golden X | 1346.900000 |
| 2018-04-06 | HSI | Tenkan/Kijun Cross | short | Death X | 29844.900000 |
| 2018-04-02 | N225 | Kijun Cross | short | Death X | 21388.600000 |
| 2018-04-03 | WTI | Kijun Cross | long | Golden X | 63.510000 |
| 2018-04-06 | WTI | Kijun Cross | short | Death X | 62.060000 |
| 2018-04-06 | WTI | Kumo breakout | short | from falling Kumo | 62.060000 |
+------------+--------+--------------------+-------+-------------------+--------------+
With spring knocking at the door, I switched the charts back to the light them. Feel free to drop a comment or a mail :)
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 |
2018-04-06 |
12241.27 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-27 |
from 13135.36 to 13205.69 |
price 12490.73 |
Last 3 STRONG signals: |
2018-03-23 |
Tenkan/Kijun Cross (Death X) |
Short at 11886.31 |
2018-03-22 |
Kijun Cross (Death X) |
Short at 12100.08 |
2018-03-22 |
Chikou Cross (2018-02-14) |
Short at 12100.08 |
|
|
|
DJI |
2018-04-06 |
23932.76 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 24728.99 to 25549.03 |
price 25029.20 |
Last 3 STRONG signals: |
2018-04-06 |
Kijun Cross (Death X) |
Short at 23932.76 |
2018-03-07 |
Senkou Cross (2018-04-12) |
Short at 24801.36 |
2018-03-06 |
Kumo breakout (from rising Kumo) |
Short at 24884.12 |
|
|
|
DJTransp |
2018-04-06 |
10146.4 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 10422.0 to 11035.5 |
price 10382.0 |
Last 3 STRONG signals: |
2018-03-22 |
Kumo breakout (from falling Kumo) |
Short at 10353.5 |
2018-03-22 |
Kijun Cross (Death X) |
Short at 10353.5 |
2018-03-20 |
Kumo breakout (from rising Kumo) |
Long at 10694.3 |
|
|
|
HSI |
2018-04-06 |
29844.9 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-26 |
from 30059.2 to 30737.4 |
price 31498.6 |
Last 3 STRONG signals: |
2018-04-06 |
Tenkan/Kijun Cross (Death X) |
Short at 29844.9 |
2018-03-21 |
Kumo breakout (from rising Kumo) |
Long at 31414.5 |
2018-03-16 |
Chikou Cross (2018-02-06) |
Long at 31502.0 |
|
|
|
N225 |
2018-04-06 |
21567.5 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 23028.4 to 23558.8 |
price 22068.2 |
Last 3 STRONG signals: |
2018-04-02 |
Kijun Cross (Death X) |
Short at 21388.6 |
2018-03-23 |
Chikou Cross (2018-02-14) |
Short at 20617.9 |
2018-03-19 |
Chikou Cross (2018-02-08) |
Short at 21480.9 |
|
|
|
STOXX50E |
2018-04-06 |
3408.10 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-27 |
from 3582.27 to 3597.09 |
price 3458.03 |
Last 3 STRONG signals: |
2018-03-22 |
Tenkan/Kijun Cross (Death X) |
Short at 3348.19 |
2018-03-22 |
Kijun Cross (Death X) |
Short at 3348.19 |
2018-03-22 |
Chikou Cross (2018-02-14) |
Short at 3348.19 |
|
|
|
SMI |
2018-04-06 |
8671.0 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-27 |
from 9328.7 to 9479.0 |
price 8992.5 |
Last 3 STRONG signals: |
2018-03-22 |
Tenkan/Kijun Cross (Death X) |
Short at 8637.9 |
2018-03-22 |
Chikou Cross (2018-02-14) |
Short at 8637.9 |
2018-03-15 |
Chikou Cross (2018-02-07) |
Short at 8879.0 |
|
|
|
SPX |
2018-04-06 |
2604.47 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 2695.24 to 2763.53 |
price 2713.83 |
Last 3 STRONG signals: |
2018-03-23 |
Senkou Cross (2018-04-30) |
Short at 2588.26 |
2018-03-22 |
Kumo breakout (from falling Kumo) |
Short at 2643.69 |
2018-03-20 |
Kumo breakout (from falling Kumo) |
Long at 2716.94 |
|
|
|
BuFu |
2018-04-06 |
159.50 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 159.50 in kumo or between kumo and price |
Kumo on 2018-02-27 |
from 161.36 to 162.01 |
price 159.20 |
Last 3 STRONG signals: |
2018-03-09 |
Kijun Cross (Death X) |
Short at 156.98 |
2018-03-09 |
Chikou Cross (2018-02-01) |
Short at 156.98 |
2018-01-04 |
Senkou Cross (2018-02-09) |
Short at 161.59 |
|
|
|
Cocoa |
2018-04-06 |
2451.00 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 1929.38 to 2020.50 |
price 2212.50 |
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 (2018-03-14) |
Long at 2044.00 |
|
|
|
Coffee |
2018-04-06 |
117.450 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 123.450 to 124.125 |
price 121.050 |
Last 3 STRONG signals: |
2018-03-28 |
Chikou Cross (2018-02-20) |
Short at 117.750 |
2018-03-15 |
Kijun Cross (Death X) |
Short at 117.650 |
2018-03-02 |
Kijun Cross (Death X) |
Short at 120.350 |
|
|
|
Copper |
2018-04-06 |
3.054 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-01 |
from 3.109 to 3.179 |
price 3.099 |
Last 3 STRONG signals: |
2018-04-06 |
Kijun Cross (Death X) |
Short at 3.054 |
2018-03-08 |
Kumo breakout (from rising Kumo) |
Short at 3.058 |
2018-02-28 |
Senkou Cross (2018-04-05) |
Short at 3.107 |
|
|
|
Cotton |
2018-04-06 |
82.6900 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-02-28 |
from 76.3350 to 80.0700 |
price 82.8800 |
Last 3 STRONG signals: |
2018-04-05 |
Kijun Cross (Golden X) |
Long at 82.6300 |
2018-03-05 |
Senkou Cross (2018-04-10) |
Long at 84.8600 |
2017-11-24 |
Kumo breakout (from falling Kumo) |
Long at 71.9400 |
|
|
|
Gold |
2018-04-06 |
1336.100 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 1336.100 in kumo or between kumo and price |
Kumo on 2018-03-02 |
from 1304.400 to 1343.400 |
price 1323.400 |
Last 3 STRONG signals: |
2018-04-03 |
Senkou Cross (2018-05-08) |
Long at 1337.300 |
2018-04-02 |
Kumo breakout (from rising Kumo) |
Long at 1346.900 |
2018-04-02 |
Kijun Cross (Golden X) |
Long at 1346.900 |
|
|
|
OJuice |
2018-04-06 |
137.4 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 141.7 to 150.3 |
price 143.4 |
Last 3 STRONG signals: |
2018-03-16 |
Senkou Cross (2018-04-23) |
Short at 138.3 |
2018-03-07 |
Kumo breakout (from falling Kumo) |
Short at 141.6 |
2018-03-01 |
Kumo breakout (from falling Kumo) |
Short at 138.4 |
|
|
|
Palladium |
2018-04-06 |
898.5 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-06 |
from 1053.4 to 1066.8 |
price 979.0 |
Last 3 STRONG signals: |
2018-03-15 |
Chikou Cross (2018-02-13) |
Short at 982.1 |
2018-03-01 |
Kijun Cross (Death X) |
Short at 985.8 |
2018-02-27 |
Kumo breakout (from rising Kumo) |
Short at 1034.4 |
|
|
|
Silver |
2018-04-06 |
16.332 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-06 |
from 16.675 to 17.110 |
price 16.715 |
Last 3 STRONG signals: |
2018-03-28 |
Kijun Cross (Death X) |
Short at 16.205 |
2018-03-16 |
Tenkan/Kijun Cross (Death X) |
Short at 16.202 |
2018-03-14 |
Kijun Cross (Death X) |
Short at 16.467 |
|
|
|
Soybeans |
2018-04-06 |
1034.8 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-02-28 |
from 973.0 to 979.7 |
price 1055.0 |
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 (2018-03-05) |
Long at 999.5 |
|
|
|
Sugar |
2018-04-06 |
12.34 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-02-28 |
from 14.07 to 14.26 |
price 13.48 |
Last 3 STRONG signals: |
2018-03-07 |
Chikou Cross (2018-01-29) |
Short at 12.79 |
2018-02-27 |
Tenkan/Kijun Cross (Death X) |
Short at 13.01 |
2018-02-27 |
Kijun Cross (Death X) |
Short at 13.01 |
|
|
|
WTI |
2018-04-06 |
62.060 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-03-05 |
from 61.240 to 64.318 |
price 62.570 |
Last 3 STRONG signals: |
2018-04-06 |
Kumo breakout (from falling Kumo) |
Short at 62.060 |
2018-04-06 |
Kijun Cross (Death X) |
Short at 62.060 |
2018-04-03 |
Kijun Cross (Golden X) |
Long at 63.510 |
|
|
|
EURJPY |
2018-04-06 |
131.340 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-03-01 |
from 133.965 to 134.992 |
price 130.330 |
Last 3 STRONG signals: |
2018-04-02 |
Kijun Cross (Death X) |
Short at 130.270 |
2018-03-27 |
Kijun Cross (Death X) |
Short at 130.660 |
2018-02-15 |
Senkou Cross (2018-03-23) |
Short at 132.720 |
|
|
|
EURUSD |
2018-04-06 |
1.22830 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 1.22830 in kumo or between kumo and price |
Kumo on 2018-03-07 |
from 1.21275 to 1.22710 |
price 1.24130 |
Last 3 STRONG signals: |
2018-03-26 |
Kumo breakout (from rising Kumo) |
Long at 1.24430 |
2018-03-14 |
Tenkan/Kijun Cross (Golden X) |
Long at 1.23670 |
2018-03-13 |
Kijun Cross (Golden X) |
Long at 1.23900 |
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