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´s number of signals and markets is in general blends nicely into the numbers we see in this summer (and contrasts last years anemia): 18 signals in 12 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...
Currently, not a single index (within the investment universe) is within a valid uptrend. European ones are even trending down, Dow Jones and DJ Transportation Average dito. Only S&P500 looks not that bad, for a valid uptrend it should have a couple of strong days moving above the levels it had at the end of May/beginning of June timeframe. Eurozone indices falling fit nicely with the Euro Bund Future moving up in the same timeframe.
Gold and Silver are also going down, Silver with a pretty sharp move. If I was trading those signals with real money (which I don't do at the moment due to the ongoing development of v0.4.0), I would consider of removing Silver from the investment universe. Too many huge moves, not enough trends...
At the moment I am also unsure about the currencies- they established a little sideways range during June, last week´s signals could be false ones: time will show.
At least Crude Oil looks pretty nice: a really strong move in the last 2 weeks brought the market back into an uptrend. Welcome back!
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 26th week 2018, ordered by symbols:
+------------+-----------+--------------------+-------+-------------------+--------------+
| date | symbol | name | type | amp_info | price_quote |
+------------+-----------+--------------------+-------+-------------------+--------------+
| 2018-06-27 | BuFu | Tenkan/Kijun Cross | long | Golden X | 162.300000 |
| 2018-06-25 | DAX | Kumo Breakout | short | from rising Kumo | 12270.330000 |
| 2018-06-25 | DAX | Senkou Cross | short | 2018-07-31 | 12270.330000 |
| 2018-06-25 | DJI | Kumo Breakout | short | from rising Kumo | 24252.800000 |
| 2018-06-27 | DJTransp | Kumo Breakout | short | from rising Kumo | 10331.600000 |
| 2018-06-29 | EURJPY | Tenkan/Kijun Cross | short | Death X | 129.330000 |
| 2018-06-29 | EURJPY | Kumo Breakout | long | from falling Kumo | 129.330000 |
| 2018-06-26 | EURUSD | Kijun Cross | short | Death X | 1.164700 |
| 2018-06-27 | EURUSD | Tenkan/Kijun Cross | short | Death X | 1.155400 |
| 2018-06-26 | Gold | Tenkan/Kijun Cross | short | Death X | 1256.600000 |
| 2018-06-25 | Palladium | Senkou Cross | short | 2018-07-31 | 935.400000 |
| 2018-06-26 | Silver | Senkou Cross | short | 2018-08-01 | 16.275000 |
| 2018-06-25 | Silver | Kumo Breakout | short | from falling Kumo | 16.308000 |
| 2018-06-25 | STOXX50E | Kumo Breakout | short | from rising Kumo | 3369.210000 |
| 2018-06-26 | Sugar | Kumo Breakout | long | from falling Kumo | 12.120000 |
| 2018-06-27 | WTI | Kumo Breakout | long | from rising Kumo | 72.760000 |
| 2018-06-29 | WTI | Senkou Cross | long | 2018-08-06 | 74.150000 |
| 2018-06-29 | WTI | Tenkan/Kijun Cross | long | Golden X | 74.150000 |
+------------+-----------+--------------------+-------+-------------------+--------------+
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 |
2018-06-29 |
12306.00 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-24 |
from 12141.73 to 12514.02 |
price 12855.09 |
Last 3 STRONG signals: |
2018-06-25 |
Senkou Cross (2018-07-31) |
Short at 12270.33 |
2018-06-25 |
Kumo Breakout (2018-07-31) |
Short at 12270.33 |
2018-06-15 |
Tenkan/Kijun Cross (Golden X) |
Long at 13010.55 |
|
|
|
DJI |
2018-06-29 |
24271.41 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-23 |
from 24347.71 to 24825.61 |
price 24886.81 |
Last 3 STRONG signals: |
2018-06-25 |
Kumo Breakout (from rising Kumo) |
Short at 24252.80 |
2018-06-01 |
Kumo Breakout (from rising Kumo) |
Long at 24635.21 |
2018-05-30 |
Kumo Breakout (from falling Kumo) |
Long at 24667.78 |
|
|
|
DJTransp |
2018-06-29 |
10345.0 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-23 |
from 10399.4 to 10403.0 |
price 10727.3 |
Last 3 STRONG signals: |
2018-06-27 |
Kumo Breakout (from rising Kumo) |
Short at 10331.6 |
2018-05-14 |
Senkou Cross (from rising Kumo) |
Long at 10663.2 |
2018-05-10 |
Kumo Breakout (from falling Kumo) |
Long at 10605.8 |
|
|
|
HSI |
2018-06-29 |
28955.1 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-23 |
from 30527.4 to 31306.7 |
price 30665.6 |
Last 3 STRONG signals: |
2018-06-19 |
Senkou Cross (2018-07-25) |
Short at 29468.2 |
2018-06-15 |
Kumo Breakout (2018-07-25) |
Short at 30309.5 |
2018-06-08 |
Senkou Cross (2018-07-17) |
Long at 30958.2 |
|
|
|
N225 |
2018-06-29 |
22304.5 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 23274.5 in kumo or between kumo and price |
Kumo on 2018-05-24 |
from 21327.2 to 21964.7 |
price 22437.0 |
Last 3 STRONG signals: |
2018-06-12 |
Tenkan/Kijun Cross (Golden X) |
Long at 22878.3 |
2018-06-05 |
Kijun Cross (Golden X) |
Long at 22539.5 |
2018-05-01 |
Kumo Breakout (from falling Kumo) |
Long at 22508.0 |
|
|
|
STOXX50E |
2018-06-29 |
3395.60 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-24 |
from 3412.87 to 3416.41 |
price 3521.76 |
Last 3 STRONG signals: |
2018-06-25 |
Kumo Breakout (from rising Kumo) |
Short at 3369.21 |
2018-06-21 |
Kumo Breakout (from rising Kumo) |
Short at 3403.51 |
2018-04-26 |
Kumo Breakout (from falling Kumo) |
Long at 3506.03 |
|
|
|
SMI |
2018-06-29 |
8609.3 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-24 |
from 8703.6 to 9000.4 |
price 8770.9 |
Last 3 STRONG signals: |
2018-05-31 |
Senkou Cross (2018-07-06) |
Short at 8457.0 |
2018-05-29 |
Kumo Breakout (2018-07-06) |
Short at 8637.2 |
2018-05-28 |
Chikou Cross (2018-04-17) |
Short at 8775.5 |
|
|
|
SPX |
2018-06-29 |
2718.37 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-23 |
from 2663.83 to 2684.32 |
price 2733.29 |
Last 3 STRONG signals: |
2018-05-17 |
Senkou Cross (2018-06-25) |
Long at 2720.13 |
2018-05-10 |
Kumo Breakout (2018-06-25) |
Long at 2723.07 |
2018-05-08 |
Tenkan/Kijun Cross (Death X) |
Short at 2671.92 |
|
|
|
BuFu |
2018-06-29 |
162.55 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-05-24 |
from 158.63 to 158.74 |
price 160.22 |
Last 3 STRONG signals: |
2018-06-27 |
Tenkan/Kijun Cross (Golden X) |
Long at 162.30 |
2018-06-21 |
Senkou Cross (Golden X) |
Long at 162.15 |
2018-06-15 |
Kijun Cross (Golden X) |
Long at 161.16 |
|
|
|
Cocoa |
2018-06-29 |
2508.00 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-23 |
from 2356.50 to 2572.00 |
price 2615.50 |
Last 3 STRONG signals: |
2018-06-22 |
Kijun Cross (Death X) |
Short at 2508.50 |
2018-06-04 |
Kumo Breakout (Death X) |
Short at 2341.00 |
2018-05-16 |
Kijun Cross (Golden X) |
Long at 2726.50 |
|
|
|
Coffee |
2018-06-29 |
111.500 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-23 |
from 116.895 to 118.725 |
price 119.470 |
Last 3 STRONG signals: |
2018-06-15 |
Senkou Cross (2018-07-23) |
Short at 115.200 |
2018-06-15 |
Tenkan/Kijun Cross (2018-07-23) |
Short at 115.200 |
2018-06-07 |
Kumo Breakout (from falling Kumo) |
Short at 115.700 |
|
|
|
Copper |
2018-06-29 |
2.951 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-29 |
from 3.086 to 3.095 |
price 3.052 |
Last 3 STRONG signals: |
2018-06-21 |
Senkou Cross (2018-07-27) |
Short at 3.025 |
2018-06-19 |
Kumo Breakout (2018-07-27) |
Short at 3.046 |
2018-06-05 |
Tenkan/Kijun Cross (Golden X) |
Long at 3.191 |
|
|
|
Cotton |
2018-06-29 |
85.3800 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 76.3100 in kumo or between kumo and price |
Kumo on 2018-05-23 |
from 80.8500 to 81.9000 |
price 86.9400 |
Last 3 STRONG signals: |
2018-06-22 |
Kumo Breakout (from rising Kumo) |
Long at 85.8100 |
2018-06-19 |
Kumo Breakout (from rising Kumo) |
Short at 83.3300 |
2018-06-06 |
Kijun Cross (Golden X) |
Long at 90.9600 |
|
|
|
Gold |
2018-06-29 |
1251.300 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-29 |
from 1336.500 to 1339.950 |
price 1301.700 |
Last 3 STRONG signals: |
2018-06-26 |
Tenkan/Kijun Cross (Death X) |
Short at 1256.600 |
2018-06-15 |
Kijun Cross (Death X) |
Short at 1274.600 |
2018-06-11 |
Kijun Cross (Death X) |
Short at 1298.900 |
|
|
|
OJuice |
2018-06-29 |
159.6 |
price in kumo |
--> sideways |
no trades |
Chikou-Span at 146.3 in kumo or between kumo and price |
Kumo on 2018-05-23 |
from 140.7 to 143.3 |
price 168.6 |
Last 3 STRONG signals: |
2018-04-26 |
Senkou Cross (2018-06-04) |
Long at 152.1 |
2018-04-17 |
Kumo Breakout (2018-06-04) |
Long at 145.6 |
2018-03-16 |
Senkou Cross (2018-04-24) |
Short at 138.3 |
|
|
|
Palladium |
2018-06-29 |
950.9 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-29 |
from 974.3 to 984.7 |
price 971.0 |
Last 3 STRONG signals: |
2018-06-25 |
Senkou Cross (2018-07-31) |
Short at 935.4 |
2018-06-19 |
Kumo Breakout (2018-07-31) |
Short at 960.3 |
2018-05-31 |
Kumo Breakout (from rising Kumo) |
Long at 981.7 |
|
|
|
Silver |
2018-06-29 |
16.104 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-30 |
from 16.625 to 16.664 |
price 16.479 |
Last 3 STRONG signals: |
2018-06-26 |
Senkou Cross (2018-08-01) |
Short at 16.275 |
2018-06-25 |
Kumo Breakout (2018-08-01) |
Short at 16.308 |
2018-06-19 |
Kumo Breakout (from falling Kumo) |
Short at 16.303 |
|
|
|
Soybeans |
2018-06-29 |
862.8 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-24 |
from 1031.1 to 1036.4 |
price 1035.8 |
Last 3 STRONG signals: |
2018-06-06 |
Tenkan/Kijun Cross (Death X) |
Short at 995.5 |
2018-06-04 |
Senkou Cross (Death X) |
Short at 1002.2 |
2018-06-04 |
Kijun Cross (Death X) |
Short at 1002.2 |
|
|
|
Sugar |
2018-06-29 |
11.86 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-23 |
from 12.17 to 12.84 |
price 12.34 |
Last 3 STRONG signals: |
2018-06-26 |
Kumo Breakout (from falling Kumo) |
Long at 12.12 |
2018-06-08 |
Kumo Breakout (from falling Kumo) |
Long at 12.25 |
2018-06-08 |
Kijun Cross (Golden X) |
Long at 12.25 |
|
|
|
WTI |
2018-06-29 |
74.150 |
price above kumo |
--> Uptrend |
Signal filter LONG |
confirmed by Chikou-Span |
Kumo on 2018-05-28 |
from 64.755 to 66.622 |
price 67.050 |
Last 3 STRONG signals: |
2018-06-29 |
Senkou Cross (2018-08-06) |
Long at 74.150 |
2018-06-29 |
Tenkan/Kijun Cross (2018-08-06) |
Long at 74.150 |
2018-06-27 |
Kumo Breakout (from rising Kumo) |
Long at 72.760 |
|
|
|
EURJPY |
2018-06-29 |
129.330 |
price above kumo |
--> Uptrend |
Signal filter LONG |
NOT confirmed by Chikou --> no stable trend |
Kumo on 2018-05-30 |
from 131.375 to 132.003 |
price 127.020 |
Last 3 STRONG signals: |
2018-06-29 |
Kumo Breakout (from falling Kumo) |
Long at 129.330 |
2018-06-29 |
Tenkan/Kijun Cross (from falling Kumo) |
Short at 129.330 |
2018-06-19 |
Kijun Cross (Death X) |
Short at 127.550 |
|
|
|
EURUSD |
2018-06-29 |
1.16850 |
price below kumo |
--> Downtrend |
Signal filter SHORT |
confirmed by Chikou-Span |
Kumo on 2018-05-24 |
from 1.23155 to 1.23217 |
price 1.17200 |
Last 3 STRONG signals: |
2018-06-27 |
Tenkan/Kijun Cross (Death X) |
Short at 1.15540 |
2018-06-26 |
Kijun Cross (Death X) |
Short at 1.16470 |
2018-06-14 |
Kijun Cross (Death X) |
Short at 1.15690 |
|
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