DJI Analysis

http://moneymason.blogspot.in/2012/01/dji-support-and-resistance-analysis-usa.html [24th Jan chart]
Almost target reached 13060-13100 target expected. todays high 13055.50.

DJI Technical Chart and analysis for buy call - Open buy call at 12702 for 13100 [high 13050]
Call closed

Profit : 350 points

Reached 78.6%.

I will analysis and post the new short call for DJI - Dow Jones tomorrow.

Amibroker 5.5

CHANGES FOR VERSION 5.50.4 (as compared to 5.50.3)

1. New Analysis: “Show arrows for actual trades” sometimes used date range from old AA. Fixed
2. New Analysis: Individual backtest – custom metrics columns would not appear if very first symbol under test does not generate ANY trades. Fixed.
3. UI: when you float a maximized MDI window it becomes little smaller so it does not overlap MDI tabs.
4. Print/Print Preview: circle/arc/rectangle objects outside current view are properly clipped on printouts
5. New Analysis: When user cancelled optimization in the middle and ran backtest afterwards then this single follow up backtest could be incorrect and required another run to produce correct result again. Fixed.
6. When timeshift != 0 then duplicate range markers could appear at day boundary. Fixed.
7. Small rounding issue in ray drawing fixed
8. When multiple chart panes were using SetForeign on rare occassions foreign call could fail (return other symbol data) Fixed.

> S&P 500 Monthly Analysis

S&P 500 Technical Analysis : From 31st Oct 2007 to 1st Mar 2009 Full Wave 1-2-3-4-5 was Completed.  Now Closed above 61.8% of the total move.  So next resistance at 1390-1400, ie.78.6% of the total move.  Once it fails to cross then Correction will be severe. So, expected correction/sideways move with negative bias. Wait and Watch.

> DJI Weekly Chart

Weekly Chart Dow Jones / DJI / ^DJI / Analysis : Almost Retraced 78.6% FIBONACCI of the 14267 and 6460.  Previous high is also at 12872 and 13133-13140.  Expected Target 13100.  Again lower top of 13133-13140.  [Previous View http://moneymason.blogspot.in/search/label/DJI ] .  3rd Feb,2012 high at 12870.  Already long  call from previous analysis with the target of 13100 is still on.  Wait and watch.

>Soybeans elliott wave analysis

Soybean on weekly chart is unfolding into a big ABC ,The chart is attached for reference.
Trade idea would be to short soybean in rises till the slanting red line is not broken up convincingly .

Unable to breakup this can target tree digit 780-750 in coming months.Let us see how the waves
unfold.

> Amibroker AFL writing

Simple Amibroker Formula Language (AFL) (Ver.2)

Sample chart enclosed

Sample Chart selected with the following
Price Style             : Average
Order Type           : Point And Figure
Candle/Bar color   : Yellow
Background           : Teal
Top                       : Red
Bottom                  : Blue
Title Back Ground : Dark Blue

The following AFL is to combine Price Style, Order Type,Top color-Bottom color(Background color) and Title Back ground color.

By price style I mean Open,High,Low and Close with Average,Volume and Open Interest(OI)
By order type I mean Line,Candle,Bar,Histogram,Staircase,Swing Dots etc.
By Color type I mean you can use your custom and default colors in Amibroker.

There are three different AFLs for the above functions but i have combined all the above
three in a single AFL.


_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
fld=ParamField("price Style",-1);
stl=ParamStyle("Order Type", defaultstyle=styleBar,mask=maskAll);
Plot( fld, "", ParamColor("Candle/Bar Color", colorWhite),stl);
SetChartBkColor( ParamColor("Background", colorBlack) );
Topcolor=ParamColor("Top", colorBlack);
Bottomcolor=ParamColor("Bottom", colorBlack);
Titlebkcolor=ParamColor("Title Background", colorBlack);
SetChartBkGradientFill( Topcolor, bottomcolor, titlebkcolor);
_SECTION_END();

Small note to apply AFL : Copy the above indicator - Open file editor
it looks almost like notepad  and Paste the text in the window
and hit apply or insert indicator.

> Amibroker AFL writing

Simple Amibroker Formula Language (AFL) (Ver.1)

The following AFL is to combine Price Style, Order Type and color.

By price style I mean Open,High,Low and Close with Average,Volume and Open Interest(OI)
By order type I mean Line,Candle,Bar,Histogram,Staircase,Swing Dots etc.
By Color type I mean you can use your custom and default colors in Amibroker.

There are three different AFLs for the above functions but i have combined all the above
three in a single AFL.

The code as follows :

_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
fld=ParamField("price Style",-1);
stl=ParamStyle("Order Type", defaultstyle=styleBar,mask=maskAll);
Plot( fld, "", ParamColor("Color-1", colorWhite),stl);
_SECTION_END();

>FTSE Technical analysis(UK)

FTSE Chart on weekly looks to be making a big head & shoulder pattern with right shoulder in making
lot of resistance ahead for FTSE .This head & shoulder pattern is valid till we don't break up above 6080.
If this pattern works we can witness a nasty fall in FTSE in coming months.

Would be posting Elliott counts later ....

>USDJPY ELLIOTT COUNT

A nice trade emerging in usdjpy ,1 up abc done nice spike up happening
if 76.5 is maintained it can target 79-79.50.

Lets see how the wave unfolds.

>DJI Support and Resistance Analysis (USA)

Negative divergence in Daily chart, Highly overbought in momentum oscillators.  So, minimum Retracement required to get the final target 13100, Expected correction with sideways up to 12500-12400

>DAX elliottwave analysis(Germany)

Dax after that steep fall in August/September in 2011 is been up for sometime,The wave structure is unfolding

into a expandedflat provided DAX doesnot go past 6550 .We would be having a nice (3,3,5)combination as shown in the below chart

.

This pattern usually have strong probability.Would revisit chart as we progress.