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| BSE 30 - End of Week Chart (EOW) - Analyzing 12 Month's Data - as on 19 July'13 |
Introduction / Primer to Ichimoku, can be read at this link (click).
Learning from the Past Week: (click here for previous post)
After the Bullish 'Tenkan Sen - Kijun Sen' Cross, Bulls continue on a Roll #2.
Index keeps above the Tenkan Sen #2.
Chikou Span keeps above the price line #1.
Bullish Cross of the Tenkan Sen & Kijun Sen produces 4th week of gains for the Bulls #2.
Looking Forward into the next Week:
Bears can consider the Chikou Span slipping below the Price Line #1.
Gap between the Tenkan Sen - Kijun Sen is again steady - Bearish Cross on, if rate of Price Climb does not increase #2.
Flat Senoku Span B can attract the Price line towards it. #3.
Bulls watch for the Chikou Span keeping above the Price line - Bears place their hope on Gravity and a Flat Kumo #3 ...
