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 :)

Already the 7th week of the year...time goes by. This week brought 9 signals in 7 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. You can check out the development activities at gitlab: https://gitlab.com/werwurm/ichi_reloaded.

So, correction is over and everyone´s back to business? Buy the dips, long only. Well...not so sure. DAX, Nikkei, SMI and EUROSTOXX are clearly still very bearish by ichimoku definition. US indices on the other hand, look as they want to return to their uptrend quickly... if we see a chikou cross next week, from a technical perspective they will be in Long mode (again, by ichimoku definition, remember: quotes above cloud, the same for chikou). I`ll stick to the system as I have no clue if the correction is over or has just begun. On the other hand, looking at commodities, there are some very nice moves going on at the moment (just check Cocoa and Soybeans Future). 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 7th week 2018, ordered by symbols:

+------------+--------+---------------+-------+-------------------+---------+
| date       | symbol | name          | type  | amp_info          | price   |
+------------+--------+---------------+-------+-------------------+---------+
| 2018-02-13 | Cocoa  | Kumo breakout | long  | from falling Kumo |  2049.5 |
| 2018-02-15 | Coffee | Kijun Cross   | short | Death X           |  121.75 |
| 2018-02-15 | Copper | Chikou Cross  | long  | 2018-01-16        |     3.2 |
| 2018-02-15 | EURJPY | Senkou Cross  | short | 2018-03-22        |  132.72 |
| 2018-02-14 | Gold   | Chikou Cross  | long  | 2018-01-15        |    1358 |
| 2018-02-14 | Gold   | Kijun Cross   | long  | Golden X          |    1358 |
| 2018-02-12 | HSI    | Kumo breakout | short | from rising Kumo  | 29459.6 |
| 2018-02-15 | HSI    | Chikou Cross  | long  | 2018-01-10        | 31115.4 |
| 2018-02-16 | OJuice | Kumo breakout | long  | from falling Kumo |   151.2 |
+------------+--------+---------------+-------+-------------------+---------+

The gallery contains the dark theme charts. If you hate it, feel free to drop a comment or a mail :)

  • BuFu_contrastBuFu_contrast
  • Cocoa_contrastCocoa_contrast
  • Coffee_contrastCoffee_contrast
  • Copper_contrastCopper_contrast
  • Cotton_contrastCotton_contrast
  • DAX_contrastDAX_contrast
  • DJI_contrastDJI_contrast
  • DJTransp_contrastDJTransp_contrast
  • EURJPY_contrastEURJPY_contrast
  • EURUSD_contrastEURUSD_contrast
  • Gold_contrastGold_contrast
  • HSI_contrastHSI_contrast
  • N225_contrastN225_contrast
  • OJuice_contrastOJuice_contrast
  • Palladium_contrastPalladium_contrast
  • SMI_contrastSMI_contrast
  • SPX_contrastSPX_contrast
  • STOXX50E_contrastSTOXX50E_contrast
  • Silver_contrastSilver_contrast
  • Soybeans_contrastSoybeans_contrast
  • Sugar_contrastSugar_contrast
  • WTI_contrastWTI_contrast

Simple Image Gallery Extended

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 2018-02-16 12451.96
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-11 from 13021.89 to 13088.71 price 13202.90
Last 3 STRONG signals:
2018-02-05 Tenkan/Kijun Cross (Death X) Short at 12687.49
2018-02-05 Senkou Cross (2018-03-12) Short at 12687.49
2018-02-01 Kumo breakout (from falling Kumo) Short at 13003.90
     
DJI 2018-02-16 25219.38
price above kumo --> Uptrend Signal filter LONG
NOT confirmed by Chikou --> no stable trend
Kumo on 2018-01-10 from 23273.46 to 23814.74 price 25369.13
Last 3 STRONG signals:
2018-02-08 Kumo breakout (from rising Kumo) Short at 23860.46
2018-02-06 Kumo breakout (from rising Kumo) Long at 24912.77
2018-02-02 Kijun Cross (Death X) Short at 25520.96
     
DJTransp 2018-02-16 10502.3
price in kumo --> sideways no trades
Chikou-Span at 10502.3 in kumo or between kumo and price
Kumo on 2018-01-10 from 9884.0 to 9893.0 price 11030.1
Last 3 STRONG signals:
2017-11-29 Senkou Cross (2018-01-08) Long at 10076.4
2017-11-29 Kumo breakout (from rising Kumo) Long at 10076.4
2017-11-29 Chikou Cross (2017-10-23) Long at 10076.4
     
HSI 2018-02-15 31115.4
price above kumo --> Uptrend Signal filter LONG
confirmed by Chikou-Span
Kumo on 2018-01-10 from 28750.0 to 29397.9 price 31073.7
Last 3 STRONG signals:
2018-02-15 Chikou Cross (2018-01-10) Long at 31115.4
2018-02-12 Kumo breakout (from rising Kumo) Short at 29459.6
2017-12-27 Tenkan/Kijun Cross (Golden X) Long at 29597.7
     
N225 2018-02-16 21720.2
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-10 from 21797.9 to 22439.6 price 23788.2
Last 3 STRONG signals:
2018-02-06 Senkou Cross (2018-03-14) Short at 21610.2
2018-02-06 Kumo breakout (from rising Kumo) Short at 21610.2
2018-02-01 Kijun Cross (Golden X) Long at 23486.1
     
STOXX50E 2018-02-16 3426.80
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-11 from 3592.99 to 3614.08 price 3595.24
Last 3 STRONG signals:
2018-02-05 Senkou Cross (2018-03-12) Short at 3478.77
2018-02-02 Kumo breakout (from falling Kumo) Short at 3523.28
2018-01-18 Senkou Cross (2018-02-22) Long at 3620.91
     
SMI 2018-02-16 8986.7
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-11 from 9207.9 to 9254.6 price 9503.8
Last 3 STRONG signals:
2018-02-06 Tenkan/Kijun Cross (Death X) Short at 8836.7
2018-02-06 Senkou Cross (2018-03-13) Short at 8836.7
2018-02-02 Kumo breakout (from rising Kumo) Short at 9220.7
     
SPX 2018-02-16 2732.22
price above kumo --> Uptrend Signal filter LONG
NOT confirmed by Chikou --> no stable trend
Kumo on 2018-01-10 from 2572.89 to 2612.79 price 2748.23
Last 3 STRONG signals:
2018-02-08 Senkou Cross (2018-03-15) Short at 2581.00
2018-02-08 Kumo breakout (from rising Kumo) Short at 2581.00
2018-02-06 Kumo breakout (from rising Kumo) Long at 2695.14
     
BuFu 2018-02-16 158.61
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-11 from 162.08 to 162.93 price 160.31
Last 3 STRONG signals:
2018-01-04 Senkou Cross (2018-02-09) Short at 161.59
2017-12-01 Kumo breakout (from falling Kumo) Long at 163.80
2017-11-27 Kumo breakout (from falling Kumo) Long at 163.11
     
Cocoa 2018-02-16 2115.50
price above kumo --> Uptrend Signal filter LONG
confirmed by Chikou-Span
Kumo on 2018-01-10 from 2098.62 to 2098.75 price 1942.50
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 (2018-03-12) Long at 2044.00
     
Coffee 2018-02-16 117.950
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-10 from 125.725 to 129.300 price 123.950
Last 3 STRONG signals:
2018-02-15 Kijun Cross (Death X) Short at 121.750
2018-02-07 Kumo breakout (from falling Kumo) Short at 123.300
2018-02-05 Senkou Cross (2018-03-12) Short at 119.800
     
Copper 2018-02-16 3.2
price above kumo --> Uptrend Signal filter LONG
confirmed by Chikou-Span
Kumo on 2018-01-17 from 3.0 to 3.1 price 3.2
Last 3 STRONG signals:
2018-02-15 Chikou Cross (2018-01-16) Long at 3.2
2018-02-07 Kumo breakout (from rising Kumo) Short at 3.1
2018-01-24 Kumo breakout (from rising Kumo) Long at 3.2
     
Cotton 2018-02-16 75.6200
price in kumo --> sideways no trades
Chikou-Span at 75.6200 in kumo or between kumo and price
Kumo on 2018-01-10 from 70.1500 to 71.0400 price 79.6200
Last 3 STRONG signals:
2017-11-24 Kumo breakout (from falling Kumo) Long at 71.9400
2017-11-09 Kijun Cross (Death X) Short at 68.3400
2017-11-01 Kijun Cross (Death X) Short at 68.2800
     
Gold 2018-02-16 1356.200
price above kumo --> Uptrend Signal filter LONG
confirmed by Chikou-Span
Kumo on 2018-01-17 from 1261.850 to 1273.350 price 1339.200
Last 3 STRONG signals:
2018-02-14 Kijun Cross (Golden X) Long at 1358.000
2018-02-14 Chikou Cross (2018-01-15) Long at 1358.000
2017-12-27 Kumo breakout (from falling Kumo) Long at 1291.400
     
OJuice 2018-02-16 151.2
price above kumo --> Uptrend Signal filter LONG
NOT confirmed by Chikou --> no stable trend
Kumo on 2018-01-10 from 155.5 to 162.2 price 134.9
Last 3 STRONG signals:
2018-02-16 Kumo breakout (from falling Kumo) Long at 151.2
2017-12-14 Kumo breakout (from rising Kumo) Short at 146.9
2017-11-10 Tenkan/Kijun Cross (Golden X) Long at 162.6
     
Palladium 2018-02-16 1036.9
price below kumo --> Downtrend Signal filter SHORT
NOT confirmed by Chikou --> no stable trend
Kumo on 2018-01-17 from 986.6 to 1002.9 price 1108.8
Last 3 STRONG signals:
2018-02-06 Senkou Cross (2018-03-12) Short at 1009.3
2018-02-05 Kumo breakout (from rising Kumo) Short at 1017.3
2017-12-14 Tenkan/Kijun Cross (Golden X) Long at 1024.9
     
Silver 2018-02-16 16.600
price in kumo --> sideways no trades
Chikou-Span at 16.600 in kumo or between kumo and price
Kumo on 2018-01-17 from 16.208 to 16.507 price 17.040
Last 3 STRONG signals:
2018-02-07 Kumo breakout (from rising Kumo) Short at 16.360
2018-01-31 Kijun Cross (Golden X) Long at 17.345
2017-12-25 Kijun Cross (Death X) Short at 16.390
     
Soybeans 2018-02-16 1021.2
price above kumo --> Uptrend Signal filter LONG
confirmed by Chikou-Span
Kumo on 2018-01-11 from 980.5 to 992.2 price 949.0
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 2018-02-16 13.38
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-10 from 14.25 to 14.93 price 14.65
Last 3 STRONG signals:
2018-01-16 Senkou Cross (2018-02-20) Short at 13.59
2018-01-11 Kumo breakout (from rising Kumo) Short at 14.18
2018-01-11 Kijun Cross (Death X) Short at 14.18
     
WTI 2018-02-16 61.680
price in kumo --> sideways no trades
Chikou-Span at 61.680 in kumo or between kumo and price
Kumo on 2018-01-17 from 54.875 to 57.090 price 63.970
Last 3 STRONG signals:
2018-02-09 Kumo breakout (from rising Kumo) Short at 59.200
2017-12-26 Tenkan/Kijun Cross (Golden X) Long at 59.970
2017-12-19 Kijun Cross (Golden X) Long at 57.460
     
EURJPY 2018-02-16 131.890
price below kumo --> Downtrend Signal filter SHORT
confirmed by Chikou-Span
Kumo on 2018-01-11 from 132.835 to 132.915 price 133.860
Last 3 STRONG signals:
2018-02-15 Senkou Cross (2018-03-22) Short at 132.720
2018-02-08 Kumo breakout (from rising Kumo) Short at 133.180
2018-02-06 Kijun Cross (Golden X) Long at 135.610
     
EURUSD 2018-02-16 1.24060
price above kumo --> Uptrend Signal filter LONG
confirmed by Chikou-Span
Kumo on 2018-01-11 from 1.17580 to 1.18045 price 1.20320
Last 3 STRONG signals:
2017-12-28 Tenkan/Kijun Cross (Golden X) Long at 1.19430
2017-12-19 Kumo breakout (from falling Kumo) Long at 1.18400
2017-12-19 Kijun Cross (Golden X) Long at 1.18400
     

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