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 :)
Last week was a bit quieter than the past ones- 10 signals in 5 different markets (out of 22 in the investment universe) were created:
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. 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...
Again I am pretty busy, so I have keep this weeks analysis short. Euro Bund Future saw a massive move this week, bringing this market into an uptrend. DAX and EUROSTOXX had a sharp correction from wednesday on, but are still within an intact uptrend. US indices on the other hand are not so clear... technically SPX is also within an uptrend, but it looks not very strong at the moment- compare to DJI, which is not within an uptrend (thanks to the missing confirmation of Chikou Span).No doubts about EUR/JPY and EUR/USD though...both are within a massive downtrend with still big momentum.Short look at the futures markets: Cocoa Futures broke their uptrend, Cotton Futures are still continously moving upwards. WTI had a massive correction this week, whether this will be a break of the uptrend remains to be seen. 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 21st week 2018, ordered by symbols:
+------------+----------+---------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+----------+---------------+-------+-------------------+--------------+
| 2018-05-21 | BuFu | Kumo Breakout | long | from rising Kumo | 159.390000 |
| 2018-05-21 | BuFu | Senkou Cross | long | 2018-06-26 | 159.390000 |
| 2018-05-22 | Coffee | Kumo Breakout | long | from falling Kumo | 120.830000 |
| 2018-05-25 | Copper | Kumo Breakout | short | from falling Kumo | 3.077000 |
| 2018-05-23 | Copper | Kumo Breakout | short | from falling Kumo | 3.071000 |
| 2018-05-23 | Copper | Kijun Cross | short | Death X | 3.071000 |
| 2018-05-23 | DJI | Kumo Breakout | long | from falling Kumo | 24886.810000 |
| 2018-05-21 | DJI | Kumo Breakout | long | from falling Kumo | 25013.290000 |
| 2018-05-23 | Soybeans | Kumo Breakout | long | from rising Kumo | 1039.200000 |
| 2018-05-25 | Soybeans | Kumo Breakout | long | from rising Kumo | 1042.000000 |
+------------+----------+---------------+-------+-------------------+--------------+
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 |
2018-05-25 |
12938.01 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-17 |
from 12391.21 to 12713.94 |
price 12585.57 |
Last 3 STRONG signals: |
2018-05-04 |
Kumo Breakout (from falling Kumo) |
Long at 12819.60 |
2018-05-02 |
Kumo Breakout (from falling Kumo) |
Long at 12802.25 |
2018-03-23 |
Tenkan/Kijun Cross (Death X) |
Short at 11886.31 |
|
|
|
DJI |
2018-05-25 |
24751.23 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-19 |
from 24706.89 to 24988.50 |
price 24664.89 |
Last 3 STRONG signals: |
2018-05-23 |
Kumo Breakout (from falling Kumo) |
Long at 24886.81 |
2018-05-21 |
Kumo Breakout (from falling Kumo) |
Long at 25013.29 |
2018-04-24 |
Kijun Cross (Death X) |
Short at 24024.13 |
|
|
|
DJTransp |
2018-05-25 |
10900.1 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-19 |
from 10407.1 to 10615.4 |
price 10671.8 |
Last 3 STRONG signals: |
2018-05-14 |
Senkou Cross (2018-06-19) |
Long at 10663.2 |
2018-05-10 |
Kumo Breakout (2018-06-19) |
Long at 10605.8 |
2018-04-26 |
Kumo Breakout (from falling Kumo) |
Short at 10413.9 |
|
|
|
HSI |
2018-05-25 |
30588.0 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 29578.0 in kumo or between kumo and price |
Kumo on 2018-04-17 |
from 31066.2 to 31306.7 |
price 30062.8 |
Last 3 STRONG signals: |
2018-05-14 |
Kumo Breakout (from falling Kumo) |
Long at 31541.1 |
2018-05-04 |
Kijun Cross (from falling Kumo) |
Short at 29926.5 |
2018-05-02 |
Senkou Cross (2018-06-08) |
Short at 30723.9 |
|
|
|
N225 |
2018-05-25 |
22450.8 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-16 |
from 21967.3 to 22533.3 |
price 21835.5 |
Last 3 STRONG signals: |
2018-05-01 |
Kumo Breakout (from falling Kumo) |
Long at 22508.0 |
2018-04-02 |
Kijun Cross (from falling Kumo) |
Short at 21388.6 |
2018-03-23 |
Chikou Cross (2018-02-14) |
Short at 20617.9 |
|
|
|
STOXX50E |
2018-05-25 |
3514.36 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-19 |
from 3399.03 to 3496.94 |
price 3486.60 |
Last 3 STRONG signals: |
2018-04-26 |
Kumo Breakout (from falling Kumo) |
Long at 3506.03 |
2018-04-23 |
Kumo Breakout (from falling Kumo) |
Long at 3513.06 |
2018-03-22 |
Tenkan/Kijun Cross (Death X) |
Short at 3348.19 |
|
|
|
SMI |
2018-05-25 |
8759.1 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 9430.4 in kumo or between kumo and price |
Kumo on 2018-04-16 |
from 8933.4 to 9114.7 |
price 8726.5 |
Last 3 STRONG signals: |
2018-04-16 |
Kijun Cross (Death X) |
Short at 8726.5 |
2018-03-22 |
Tenkan/Kijun Cross (Death X) |
Short at 8637.9 |
2018-03-22 |
Chikou Cross (2018-02-14) |
Short at 8637.9 |
|
|
|
SPX |
2018-05-25 |
2721.33 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-19 |
from 2695.95 to 2702.78 |
price 2693.13 |
Last 3 STRONG signals: |
2018-05-17 |
Senkou Cross (2018-06-22) |
Long at 2720.13 |
2018-05-10 |
Kumo Breakout (2018-06-22) |
Long at 2723.07 |
2018-05-08 |
Tenkan/Kijun Cross (Death X) |
Short at 2671.92 |
|
|
|
BuFu |
2018-05-25 |
161.17 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-18 |
from 158.63 to 159.62 |
price 159.05 |
Last 3 STRONG signals: |
2018-05-21 |
Senkou Cross (2018-06-26) |
Long at 159.39 |
2018-05-21 |
Kumo Breakout (2018-06-26) |
Long at 159.39 |
2018-05-15 |
Senkou Cross (2018-06-20) |
Short at 157.76 |
|
|
|
Cocoa |
2018-05-25 |
2561.50 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 1942.50 in kumo or between kumo and price |
Kumo on 2018-04-19 |
from 2200.75 to 2328.75 |
price 2804.00 |
Last 3 STRONG signals: |
2018-05-16 |
Kijun Cross (Golden X) |
Long at 2726.50 |
2018-04-20 |
Tenkan/Kijun Cross (Golden X) |
Long at 2729.00 |
2018-04-11 |
Kijun Cross (Golden X) |
Long at 2539.00 |
|
|
|
Coffee |
2018-05-25 |
120.580 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-19 |
from 120.270 to 123.925 |
price 114.250 |
Last 3 STRONG signals: |
2018-05-22 |
Kumo Breakout (from falling Kumo) |
Long at 120.830 |
2018-05-17 |
Senkou Cross (from falling Kumo) |
Short at 113.850 |
2018-05-17 |
Tenkan/Kijun Cross (Death X) |
Short at 113.850 |
|
|
|
Copper |
2018-05-25 |
3.077 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-23 |
from 3.125 to 3.156 |
price 3.108 |
Last 3 STRONG signals: |
2018-05-25 |
Kumo Breakout (from falling Kumo) |
Short at 3.077 |
2018-05-23 |
Kumo Breakout (from falling Kumo) |
Short at 3.071 |
2018-05-23 |
Kijun Cross (Death X) |
Short at 3.071 |
|
|
|
Cotton |
2018-05-25 |
89.3600 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-19 |
from 80.8500 to 82.2450 |
price 82.8900 |
Last 3 STRONG signals: |
2018-05-17 |
Kijun Cross (Golden X) |
Long at 84.9400 |
2018-04-25 |
Kumo Breakout (Golden X) |
Long at 83.8900 |
2018-04-25 |
Kijun Cross (Golden X) |
Long at 83.8900 |
|
|
|
Gold |
2018-05-25 |
1301.200 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-23 |
from 1326.475 to 1337.050 |
price 1322.500 |
Last 3 STRONG signals: |
2018-04-30 |
Senkou Cross (2018-06-04) |
Short at 1316.200 |
2018-04-25 |
Kumo Breakout (2018-06-04) |
Short at 1321.200 |
2018-04-09 |
Kumo Breakout (from falling Kumo) |
Long at 1340.100 |
|
|
|
OJuice |
2018-05-25 |
169.2 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-19 |
from 142.0 to 142.4 |
price 143.1 |
Last 3 STRONG signals: |
2018-04-26 |
Senkou Cross (2018-06-01) |
Long at 152.1 |
2018-04-17 |
Kumo Breakout (2018-06-01) |
Long at 145.6 |
2018-03-16 |
Senkou Cross (2018-04-24) |
Short at 138.3 |
|
|
|
Palladium |
2018-05-25 |
975.1 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-25 |
from 994.8 to 1031.5 |
price 968.7 |
Last 3 STRONG signals: |
2018-05-18 |
Kumo Breakout (from falling Kumo) |
Short at 961.0 |
2018-05-10 |
Kumo Breakout (from falling Kumo) |
Long at 992.8 |
2018-05-10 |
Kijun Cross (Golden X) |
Long at 992.8 |
|
|
|
Silver |
2018-05-25 |
16.520 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-25 |
from 16.391 to 16.877 |
price 16.486 |
Last 3 STRONG signals: |
2018-05-15 |
Kumo Breakout (from rising Kumo) |
Short at 16.194 |
2018-05-10 |
Kumo Breakout (from rising Kumo) |
Long at 16.680 |
2018-05-10 |
Kijun Cross (Golden X) |
Long at 16.680 |
|
|
|
Soybeans |
2018-05-25 |
1042.0 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-23 |
from 1013.5 to 1044.2 |
price 1020.8 |
Last 3 STRONG signals: |
2018-05-25 |
Kumo Breakout (from rising Kumo) |
Long at 1042.0 |
2018-05-23 |
Kumo Breakout (from rising Kumo) |
Long at 1039.2 |
2018-05-16 |
Senkou Cross (2018-06-20) |
Short at 1000.8 |
|
|
|
Sugar |
2018-05-25 |
12.44 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 15.33 in kumo or between kumo and price |
Kumo on 2018-04-19 |
from 13.23 to 13.95 |
price 11.75 |
Last 3 STRONG signals: |
2018-05-04 |
Kijun Cross (Death X) |
Short at 11.51 |
2018-02-27 |
Tenkan/Kijun Cross (Death X) |
Short at 13.01 |
2018-02-27 |
Kijun Cross (Death X) |
Short at 13.01 |
|
|
|
WTI |
2018-05-25 |
67.480 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-23 |
from 61.710 to 62.365 |
price 68.640 |
Last 3 STRONG signals: |
2018-04-09 |
Kumo Breakout (from falling Kumo) |
Long at 63.420 |
2018-04-09 |
Kijun Cross (from falling Kumo) |
Long at 63.420 |
2018-04-06 |
Kumo Breakout (from falling Kumo) |
Short at 62.060 |
|
|
|
EURJPY |
2018-05-25 |
127.430 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-19 |
from 131.753 to 133.435 |
price 132.570 |
Last 3 STRONG signals: |
2018-05-14 |
Kumo Breakout (from falling Kumo) |
Short at 130.790 |
2018-05-09 |
Senkou Cross (from falling Kumo) |
Short at 130.050 |
2018-05-04 |
Kumo Breakout (from falling Kumo) |
Short at 130.510 |
|
|
|
EURUSD |
2018-05-25 |
1.16500 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-24 |
from 1.23073 to 1.23550 |
price 1.22320 |
Last 3 STRONG signals: |
2018-04-24 |
Senkou Cross (2018-05-25) |
Short at 1.22320 |
2018-04-22 |
Kumo Breakout (2018-05-25) |
Short at 1.22740 |
2018-04-19 |
Tenkan/Kijun Cross (Golden X) |
Long at 1.23460 |
|
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