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:
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