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 15h week brought a variety of 12 signals in 8 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.
Indices look like they are going sideways at the moment, the european ones doing somewhat better than US. Still way too early to tell if it is a reversion or going back down again. Definitely too early to call it a trend (and obviously Ichimoku has its own definition for trend establishment, check the tables). Forex markets diverged a bit during last week: while EUR/USD is still trapped in the sideway movement, EUR/JPY had a nice rise during the last 2 weeks. Unfortunately with pure ichimoku we wouldn´t have catched that, because at the beginning of the move stood a false short signal. False in hindsight, again ;)Somewhat similar with Silver and Gold: while the former also is trapped inside a channel, Gold made its way back into a little uptrend. It will be interesting to see how Silver develops... WTI had a nice upmove, which would have been caught by the 2 Ichimoku signals on monday. 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 15th week 2018, ordered by symbols:
+------------+--------+---------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+--------+---------------+-------+-------------------+--------------+
| 2018-04-09 | BuFu | Chikou Cross | short | 2018-02-28 | 159.300000 |
| 2018-04-11 | Cocoa | Kijun Cross | long | Golden X | 2539.000000 |
| 2018-04-12 | Cotton | Chikou Cross | long | 2018-03-06 | 83.840000 |
| 2018-04-13 | DJI | Kijun Cross | short | Death X | 24360.140000 |
| 2018-04-11 | DJI | Kijun Cross | short | Death X | 24189.450000 |
| 2018-04-10 | EURUSD | Kumo breakout | long | from rising Kumo | 1.235600 |
| 2018-04-10 | EURUSD | Kijun Cross | long | Golden X | 1.235600 |
| 2018-04-09 | Gold | Kumo breakout | long | from falling Kumo | 1340.100000 |
| 2018-04-12 | Silver | Kijun Cross | short | Death X | 16.443000 |
| 2018-04-12 | Silver | Kumo breakout | short | from falling Kumo | 16.443000 |
| 2018-04-09 | WTI | Kumo breakout | long | from falling Kumo | 63.420000 |
| 2018-04-09 | WTI | Kijun Cross | long | Golden X | 63.420000 |
+------------+--------+---------------+-------+-------------------+--------------+
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 |
2018-04-13 |
12442.40 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 12442.40 in kumo or between kumo and price |
Kumo on 2018-03-06 |
from 13171.02 to 13269.11 |
price 12113.87 |
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 |
2018-04-13 |
24360.14 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 24929.73 to 25948.89 |
price 24801.36 |
Last 3 STRONG signals: |
2018-04-13 |
Kijun Cross (Death X) |
Short at 24360.14 |
2018-04-11 |
Kijun Cross (Death X) |
Short at 24189.45 |
2018-04-06 |
Kijun Cross (Death X) |
Short at 23932.76 |
|
|
|
DJTransp |
2018-04-13 |
10369.5 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 10422.0 to 11084.2 |
price 10408.9 |
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 |
2018-04-13 |
30808.4 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-03-05 |
from 30576.8 to 31493.7 |
price 29886.4 |
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 |
2018-04-13 |
21778.7 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-03-07 |
from 23050.8 to 23641.7 |
price 21252.7 |
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 |
2018-04-13 |
3448.00 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 3448.00 in kumo or between kumo and price |
Kumo on 2018-03-06 |
from 3578.23 to 3611.74 |
price 3357.86 |
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 |
2018-04-13 |
8776.2 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-03-06 |
from 9331.1 to 9485.7 |
price 8765.9 |
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 |
2018-04-13 |
2656.30 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 2715.16 to 2799.43 |
price 2726.80 |
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 |
2018-04-13 |
159.34 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 159.34 in kumo or between kumo and price |
Kumo on 2018-03-06 |
from 160.23 to 161.29 |
price 159.25 |
Last 3 STRONG signals: |
2018-04-09 |
Chikou Cross (2018-02-28) |
Short at 159.30 |
2018-03-09 |
Kijun Cross (Death X) |
Short at 156.98 |
2018-03-09 |
Chikou Cross (2018-02-01) |
Short at 156.98 |
|
|
|
Cocoa |
2018-04-13 |
2571.50 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 1933.88 to 2017.00 |
price 2433.50 |
Last 3 STRONG signals: |
2018-04-11 |
Kijun Cross (Golden X) |
Long at 2539.00 |
2018-02-13 |
Kumo breakout (from falling Kumo) |
Long at 2049.50 |
2018-02-08 |
Kumo breakout (from falling Kumo) |
Long at 2028.50 |
|
|
|
Coffee |
2018-04-13 |
117.300 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 124.075 to 124.125 |
price 119.300 |
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 |
2018-04-13 |
3.067 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-03-08 |
from 3.109 to 3.196 |
price 3.058 |
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 |
2018-04-13 |
83.5000 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 76.6250 to 80.4275 |
price 83.0300 |
Last 3 STRONG signals: |
2018-04-12 |
Chikou Cross (2018-03-06) |
Long at 83.8400 |
2018-04-05 |
Kijun Cross (Golden X) |
Long at 82.6300 |
2018-03-05 |
Senkou Cross (2018-04-11) |
Long at 84.8600 |
|
|
|
Gold |
2018-04-13 |
1347.900 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-03-09 |
from 1304.400 to 1339.625 |
price 1324.000 |
Last 3 STRONG signals: |
2018-04-09 |
Kumo breakout (from falling Kumo) |
Long at 1340.100 |
2018-04-03 |
Senkou Cross (2018-05-08) |
Long at 1337.300 |
2018-04-02 |
Kumo breakout (from rising Kumo) |
Long at 1346.900 |
|
|
|
OJuice |
2018-04-13 |
141.1 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 143.8 to 150.3 |
price 141.6 |
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 |
2018-04-13 |
980.7 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-13 |
from 1022.6 to 1043.3 |
price 985.2 |
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 |
2018-04-13 |
16.645 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 16.645 in kumo or between kumo and price |
Kumo on 2018-03-13 |
from 16.675 to 16.829 |
price 16.559 |
Last 3 STRONG signals: |
2018-04-12 |
Kumo breakout (from falling Kumo) |
Short at 16.443 |
2018-04-12 |
Kijun Cross (Death X) |
Short at 16.443 |
2018-03-28 |
Kijun Cross (Death X) |
Short at 16.205 |
|
|
|
Soybeans |
2018-04-13 |
1052.2 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-03-07 |
from 979.7 to 982.9 |
price 1063.5 |
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 |
2018-04-13 |
12.08 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-03-07 |
from 13.79 to 14.26 |
price 12.79 |
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 |
2018-04-13 |
67.390 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-03-11 |
from 61.240 to 63.905 |
price 62.160 |
Last 3 STRONG signals: |
2018-04-09 |
Kumo breakout (from falling Kumo) |
Long at 63.420 |
2018-04-09 |
Kijun Cross (Golden X) |
Long at 63.420 |
2018-04-06 |
Kumo breakout (from falling Kumo) |
Short at 62.060 |
|
|
|
EURJPY |
2018-04-13 |
132.370 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 132.370 in kumo or between kumo and price |
Kumo on 2018-03-08 |
from 134.000 to 135.062 |
price 130.760 |
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 |
2018-04-13 |
1.23310 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 1.23310 in kumo or between kumo and price |
Kumo on 2018-03-14 |
from 1.21275 to 1.23060 |
price 1.23670 |
Last 3 STRONG signals: |
2018-04-10 |
Kumo breakout (from rising Kumo) |
Long at 1.23560 |
2018-04-10 |
Kijun Cross (Golden X) |
Long at 1.23560 |
2018-03-26 |
Kumo breakout (from rising Kumo) |
Long at 1.24430 |
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