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 :)
Again uncertainty and volatitily came back to the markets: 21 signals in 9 different markets (out of 22 in the investment universe) were triggered during last week:
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...
Indices in the Eurozone had a sharp correction during last 2 weeks, which somewhat stabilized during last week. While DAX ist still within a valid uptrend, be careful with the last long signal. Price did oscillate around Kijun-Sen, which explains the triggered signal. Same in Dow Jones Index: 5 signals (both long and short) within the last 10 trading days indicate a) higher volatility and b) unclear direction. Further development is completely open. The very same applies to the currency pairs: whether the current stop within the downtrend is a dead cat bounce or a stop of the downward movement I cannot tell. Once again, the commodity futures market provide some "safe havens" when it comes to clear and established trends, unlike most indices at this point in time. 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 22nd week 2018, ordered by symbols:
+------------+-----------+--------------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+-----------+--------------------+-------+-------------------+--------------+
| 2018-05-31 | Coffee | Senkou Cross | long | 2018-07-06 | 123.700000 |
| 2018-05-31 | Coffee | Tenkan/Kijun Cross | long | Golden X | 123.700000 |
| 2018-05-28 | Copper | Kijun Cross | short | Death X | 3.069000 |
| 2018-06-01 | Copper | Kijun Cross | long | Golden X | 3.091000 |
| 2018-06-01 | Copper | Kumo Breakout | long | from falling Kumo | 3.091000 |
| 2018-06-01 | Copper | Tenkan/Kijun Cross | short | Death X | 3.091000 |
| 2018-05-30 | DAX | Kijun Cross | long | Golden X | 12783.760000 |
| 2018-05-29 | DJI | Chikou Cross | short | 2018-04-20 | 24361.450000 |
| 2018-06-01 | DJI | Kumo Breakout | long | from falling Kumo | 24635.210000 |
| 2018-05-30 | DJI | Kumo Breakout | long | from falling Kumo | 24667.780000 |
| 2018-05-30 | HSI | Senkou Cross | short | 2018-07-05 | 30056.800000 |
| 2018-06-01 | HSI | Chikou Cross | short | 2018-04-24 | 30492.900000 |
| 2018-05-29 | HSI | Chikou Cross | short | 2018-04-19 | 30484.600000 |
| 2018-05-29 | HSI | Kijun Cross | short | Death X | 30484.600000 |
| 2018-05-29 | HSI | Kumo Breakout | short | from falling Kumo | 30484.600000 |
| 2018-05-31 | Palladium | Kumo Breakout | long | from rising Kumo | 981.700000 |
| 2018-05-29 | Silver | Kijun Cross | short | Death X | 16.305000 |
| 2018-05-31 | SMI | Senkou Cross | short | 2018-07-06 | 8457.000000 |
| 2018-05-28 | SMI | Chikou Cross | short | 2018-04-17 | 8775.500000 |
| 2018-05-29 | SMI | Kumo Breakout | short | from falling Kumo | 8637.200000 |
| 2018-05-31 | Sugar | Kumo Breakout | long | from falling Kumo | 12.790000 |
+------------+-----------+--------------------+-------+-------------------+--------------+
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
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 |
2018-06-01 |
12724.27 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-24 |
from 12180.83 to 12713.94 |
price 12550.82 |
Last 3 STRONG signals: |
2018-05-30 |
Kijun Cross (Golden X) |
Long at 12783.76 |
2018-05-04 |
Kumo breakout (from falling Kumo) |
Long at 12819.60 |
2018-05-02 |
Kumo breakout (from falling Kumo) |
Long at 12802.25 |
|
|
|
DJI |
2018-06-01 |
24635.21 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-25 |
from 24765.73 to 24988.50 |
price 24083.83 |
Last 3 STRONG signals: |
2018-06-01 |
Kumo breakout (from falling Kumo) |
Long at 24635.21 |
2018-05-30 |
Kumo breakout (from falling Kumo) |
Long at 24667.78 |
2018-05-29 |
Chikou Cross (2018-04-20) |
Short at 24361.45 |
|
|
|
DJTransp |
2018-06-01 |
10894.0 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-25 |
from 10453.3 to 10615.4 |
price 10508.1 |
Last 3 STRONG signals: |
2018-05-14 |
Senkou Cross (2018-06-19) |
Long at 10663.2 |
2018-05-10 |
Kumo breakout (from falling Kumo) |
Long at 10605.8 |
2018-05-02 |
Chikou Cross (2018-03-26) |
Short at 10285.9 |
|
|
|
HSI |
2018-06-01 |
30492.9 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-24 |
from 30771.6 to 31306.7 |
price 30636.2 |
Last 3 STRONG signals: |
2018-06-01 |
Chikou Cross (2018-04-24) |
Short at 30492.9 |
2018-05-30 |
Senkou Cross (2018-07-04) |
Short at 30056.8 |
2018-05-29 |
Kumo breakout (from falling Kumo) |
Short at 30484.6 |
|
|
|
N225 |
2018-06-01 |
22171.3 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-23 |
from 21586.9 to 22533.3 |
price 22088.0 |
Last 3 STRONG signals: |
2018-05-01 |
Kumo breakout (from falling Kumo) |
Long at 22508.0 |
2018-04-02 |
Kijun Cross (Death X) |
Short at 21388.6 |
2018-03-23 |
Chikou Cross (2018-02-14) |
Short at 20617.9 |
|
|
|
STOXX50E |
2018-06-01 |
3453.54 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-26 |
from 3392.87 to 3496.94 |
price 3506.03 |
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 |
2018-06-01 |
8618.5 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-23 |
from 8819.3 to 9114.7 |
price 8806.6 |
Last 3 STRONG signals: |
2018-05-31 |
Senkou Cross (2018-07-05) |
Short at 8457.0 |
2018-05-29 |
Kumo breakout (from falling Kumo) |
Short at 8637.2 |
2018-05-28 |
Chikou Cross (2018-04-17) |
Short at 8775.5 |
|
|
|
SPX |
2018-06-01 |
2734.62 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-25 |
from 2702.78 to 2707.77 |
price 2639.40 |
Last 3 STRONG signals: |
2018-05-17 |
Senkou Cross (2018-06-24) |
Long at 2720.13 |
2018-05-10 |
Kumo breakout (from falling Kumo) |
Long at 2723.07 |
2018-05-08 |
Tenkan/Kijun Cross (Death X) |
Short at 2671.92 |
|
|
|
BuFu |
2018-06-01 |
161.46 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-25 |
from 158.47 to 159.46 |
price 157.72 |
Last 3 STRONG signals: |
2018-05-21 |
Senkou Cross (2018-06-25) |
Long at 159.39 |
2018-05-21 |
Kumo breakout (from rising Kumo) |
Long at 159.39 |
2018-05-15 |
Tenkan/Kijun Cross (Death X) |
Short at 157.76 |
|
|
|
Cocoa |
2018-06-01 |
2451.00 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 2451.00 in kumo or between kumo and price |
Kumo on 2018-04-25 |
from 2207.00 to 2392.75 |
price 2863.50 |
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 |
2018-06-01 |
122.750 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-25 |
from 119.970 to 123.925 |
price 116.850 |
Last 3 STRONG signals: |
2018-05-31 |
Tenkan/Kijun Cross (Golden X) |
Long at 123.700 |
2018-05-31 |
Senkou Cross (2018-07-05) |
Long at 123.700 |
2018-05-22 |
Kumo breakout (from falling Kumo) |
Long at 120.830 |
|
|
|
Copper |
2018-06-01 |
3.091 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-30 |
from 3.067 to 3.098 |
price 3.053 |
Last 3 STRONG signals: |
2018-06-01 |
Tenkan/Kijun Cross (Death X) |
Short at 3.091 |
2018-06-01 |
Kumo breakout (from falling Kumo) |
Long at 3.091 |
2018-06-01 |
Kijun Cross (Golden X) |
Long at 3.091 |
|
|
|
Cotton |
2018-06-01 |
93.5000 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-25 |
from 80.8500 to 82.1125 |
price 83.8900 |
Last 3 STRONG signals: |
2018-05-17 |
Kijun Cross (Golden X) |
Long at 84.9400 |
2018-04-25 |
Kumo breakout (from rising Kumo) |
Long at 83.8900 |
2018-04-25 |
Kijun Cross (Golden X) |
Long at 83.8900 |
|
|
|
Gold |
2018-06-01 |
1294.800 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-30 |
from 1330.550 to 1337.050 |
price 1316.200 |
Last 3 STRONG signals: |
2018-04-30 |
Senkou Cross (2018-06-01) |
Short at 1316.200 |
2018-04-25 |
Kumo breakout (from falling Kumo) |
Short at 1321.200 |
2018-04-09 |
Kumo breakout (from falling Kumo) |
Long at 1340.100 |
|
|
|
OJuice |
2018-06-01 |
165.3 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-04-25 |
from 142.2 to 143.7 |
price 147.5 |
Last 3 STRONG signals: |
2018-04-26 |
Senkou Cross (2018-06-03) |
Long at 152.1 |
2018-04-17 |
Kumo breakout (from rising Kumo) |
Long at 145.6 |
2018-03-16 |
Senkou Cross (2018-04-24) |
Short at 138.3 |
|
|
|
Palladium |
2018-06-01 |
996.6 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-05-02 |
from 960.5 to 992.0 |
price 956.6 |
Last 3 STRONG signals: |
2018-05-31 |
Kumo breakout (from rising Kumo) |
Long at 981.7 |
2018-05-27 |
Kumo breakout (from rising Kumo) |
Short at 973.4 |
2018-05-18 |
Kumo breakout (from falling Kumo) |
Short at 961.0 |
|
|
|
Silver |
2018-06-01 |
16.420 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-02 |
from 16.445 to 16.712 |
price 16.291 |
Last 3 STRONG signals: |
2018-05-29 |
Kijun Cross (Death X) |
Short at 16.305 |
2018-05-25 |
Kumo breakout (from rising Kumo) |
Short at 16.481 |
2018-05-15 |
Kumo breakout (from rising Kumo) |
Short at 16.194 |
|
|
|
Soybeans |
2018-06-01 |
1024.2 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-30 |
from 1013.5 to 1038.8 |
price 1049.0 |
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 (2018-06-19) |
Short at 1000.8 |
|
|
|
Sugar |
2018-06-01 |
12.52 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-04-25 |
from 12.96 to 13.84 |
price 10.86 |
Last 3 STRONG signals: |
2018-05-31 |
Kumo breakout (from falling Kumo) |
Long at 12.79 |
2018-05-04 |
Kijun Cross (Death X) |
Short at 11.51 |
2018-03-07 |
Chikou Cross (2018-01-29) |
Short at 12.79 |
|
|
|
WTI |
2018-06-01 |
65.810 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 65.810 in kumo or between kumo and price |
Kumo on 2018-04-30 |
from 62.365 to 63.533 |
price 68.570 |
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 |
2018-06-01 |
127.730 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-27 |
from 131.158 to 133.435 |
price 132.270 |
Last 3 STRONG signals: |
2018-05-14 |
Kumo breakout (from falling Kumo) |
Short at 130.790 |
2018-05-09 |
Senkou Cross (2018-06-12) |
Short at 130.050 |
2018-05-04 |
Kumo breakout (from falling Kumo) |
Short at 130.510 |
|
|
|
EURUSD |
2018-06-01 |
1.16610 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-04-30 |
from 1.23375 to 1.23550 |
price 1.20790 |
Last 3 STRONG signals: |
2018-04-24 |
Senkou Cross (2018-05-25) |
Short at 1.22320 |
2018-04-22 |
Kumo breakout (from rising Kumo) |
Short at 1.22740 |
2018-04-19 |
Tenkan/Kijun Cross (Golden X) |
Long at 1.23460 |
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