HEIKIN-ASHI TREND NEWSLETTER

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1 HEIKIN-ASHI TREND NEWSLETTER # EDUCOFIN ALL RIGHTS RESERVED

2 25% DISCOUNT IMPROVE YOUR TRADING & INVESTING WHEN YOU ORDER BOTH HEIKIN-ASHI TRADING BOOKS TODAY To order: For heikin-ashi charts and know-how check and A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 2

3 The Big Picture Nov 29: A bullish MACD signal has been generated. The start of the (statistically) profitable MACD seasonality. Short-term: A pause for the market. No signs of a market crash despite an increasing number of guru calls. White (QE), grey, and/or black swans may fly over anytime. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 3

4 SP-500 Monthly S-oscillator A superb trend. Bullish. Last week: Room to advance. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 4

5 S&P 500 Yearly Heikin-Ashi chart as of November 24, 2017 The 2016 high was above the 2015 high. Therefore, hadelta indication for a top on 2016 became invalid made a new high with hadelta at an important junction: a bullish bias for A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 5

6 Another daily market (SP-500) breadth approach, this time based on price rankings. Notice how the market breadth synchronizes with market peaks and troughs. Watch out for +/-300 levels. How can you use market breadth based on price rankings? o Long/Short when the market breadth indicator has a higher/lower value than the previous one o Use a trailing stop o (optional filter) Combine it with the S&P-500 above/below its 200-day average A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 6

7 SP-500 This week: Short-term: pause/top. Long-term: higher, but weaker. Last week: Short-term: positive consolidation. Long-term: higher, but weaker. The weekly chart is the interesting one: hadelta turned higher just above zero line. Very positive. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 7

8 GOLD This week: Short-term: building a bottom after a pullback. Long-term: positive only above the 2016 high. Last week: Short-term: building a bottom after a pullback. Long-term: positive only above the 2016 high. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 8

9 OIL This week: Short-term: bullish. Long-term: consolidation with a very bullish bias. The weekly chart looks weak (hadelta). Last week: Short-term: bullish. Long-term: consolidation with a very bullish bias. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 9

10 HEIKIN-ASHI MARKET BREADTH - DAILY %Net < 0 = weakness. %Net > 0 = strength. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 10

11 HEIKIN-ASHI MARKET BREADTH - WEEKLY %Net < 0 = weakness. %Net > 0 = strength. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 11

12 HEIKIN-ASHI MARKET BREADTH MONTHLY %Net < 0 = weakness. %Net > 0 = strength. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 12

13 Table 1: Morningstar sectors + industry groups (31) daily, weekly and monthly heikin-ashi perspectives. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 13

14 Table 2: Select Sector SPDRs (9) - daily, weekly, and monthly heikin-ashi perspectives. Note: The tables in Figures 1 and 2 are based on heikin-ashi change of color indicating a possible change of trend or the start of a consolidation. Other heikin-ashi criteria can be used to generate similar tables. For more information about heikinashi check the daily personal blog and All tables and charts are generated at the end of the week. The monthly view (Monthly HA Trend) is not final until the end of the calendar month. Table 3: FX pairs - daily, weekly, and monthly heikin-ashi perspectives. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 14

15 Figure FX1: EURUSD DAILY Positive (hadelta + Laguerre RSI). Last week: Positive picture: higher highs, higher lows with Laguerre RSI above 0.8. Uptrend. For a finer picture, see what hadelta wants to do (temporary top). A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 15

16 Figure FX2: GBPUSD DAILY Signs of a pause (hadelta, HA body-inside-body). As long as Laguerre RSI remains above 0.80, the uptrend looks valid. Last week: Even here, Laguerre-RSI is above 0.8. Positive. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 16

17 Figure FX3: AUDUSD DAILY Trying to have a reaction. No other short-term confirmation. Last week: Bearish. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 17

18 Figure FX4: USDJPY DAILY See last week. Last week: For long trades, it s best to wait until Laguerre-RSI goes above 0.5. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 18

19 Figure FX5: EURCHF DAILY Third time at resistance. This time Laguerre-RSI is < Last week: The beginning of a positive move, confirmed by Laguerre-RSI above 0.5. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 19

20 Figure FX6: BTCUSD DAILY Short-term bullish. Caution: hadelta is at historical high values. Last week: hadelta crossover at zero: very bullish. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 20

21 Figure FX7: ETHUSD DAILY Positive. Last week: hadelta shows a slowdown of the explosive move. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 21

22 Figure FX8: LTCUSD DAILY Positive with hadelta over historical values. Last week: N/A A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 22

23 Figure 1: QQQ Short-term: it may break below the trailing-stop. Long-term: Expected consolidation (a low haoscillator in an uptrend). Last week: As last week. Short-term: higher highs, higher lows. Long-term: Expected consolidation (a low haoscillator in an uptrend). A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 23

24 Figure 2: IWM (ishares Russell 2000 Index ETF) Short-term: pause with a negative bias. Long-term: caution (haoscillator may fail to go positive.) Last week: Short-term: pause. Long-term: positive. The weekly chart shows more energy (hadelta crossover at zero). A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 24

25 Figure 3: SMH (Market Vectors Semiconductor ETF) Short-term: too vicious to remain positive. Longterm: near a top (excessive hadelta value). Last week: Short-term: consolidation (haoscillator is too low). Long-term: near a top. An excessive hadelta value. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 25

26 Figure 4: XLF (Financial sector ETF) Short-term: wrong last week. Consolidation following the breakout. Long-term: small positive signs. Last week: As last week. Short-term: consolidation with negative bias (haoscillator). Long-term: technically negative (haoscillator) despite a rising hadelta. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 26

27 Figure 5: DIA (SPDR Dow Jones Ind. Average ETF) Short-term: Top. Long-term: consolidation with positive bias. Last week: Short-term: consolidation. Long-term: consolidation with positive bias. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 27

28 Figure 6: EEM (Emerging Markets ETF) Short-term: hadelta is ready to reverse. Long-term: Top. Last week: Short-term: hadelta at historical high levels. Top is expected. Long-term: very bullish (HA candles). A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 28

29 Figure 7: TLT (ishares Barclays 20+ Year Treasury Bond ETF) Short-term: Resistance = Top. Longterm: positive, but weak. Last week: Short-term: at September resistance. Long-term: positive, but weak. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 29

30 Figure 8: IYR (ishares Dow Jones US Real Estate ETF) Short-term: Lower lows, lower highs. hadelta may fail to turn positive. Long-term: positive but weak. Last week: Short-term: consolidation with positive bias. Long-term: positive but weak. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 30

31 Figure 9: IBB (ishares Nasdaq Biotechnology Index Fund ETF) Short-term: positive, but weak. Longterm: the pullback may go lower, as a healthy move in this uptrend. Last week: Short-term: positive, but weak. Long-term: the pullback may go lower, as a healthy move in this uptrend. A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 31

32 DISCLAIMER - This newsletter is published only as an educational tool for those who are interested by and want to know more about heikin-ashi noise filtering / trend technique. The information in this newsletter represents author s own opinions and does not recommend any trades or investments and at no time should the reader infer that any such recommendations are given. The content of this free newsletter is an illustration of how various heikin-ashi techniques apply in the field of technical analysis. This information is not to be construed as an offer to sell or the solicitation of an offer to buy any securities. All information presented herein is believed to be reliable but we cannot guarantee its accuracy. The author(s) may hold positions or other interests in instruments mentioned in this newsletter. Past performance is not a reliable indicator of future returns. All charts are for illustrative purposes only. Reproduction, disclosure, or dissemination of this newsletter is allowed with no alteration of its content and only with a mention of its author(s) and source. - If you no longer wish to receive this free weekly heikin-ashi newsletter please unsubscribe using the link indicated in the original . To subscribe to this heikin-ashi newsletter: Feel free to forward the newsletter to your colleagues and friends who are looking for better techniques to stay longer with winning trends. - A WEEK LY SUM MA RY FOR H EIKIN- A SHI A FI CIO NADOS F ROM WW W. EDUCOFIN.C OM 32

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