|Dow 30 - End of Week Chart (EOW) - Analyzing 12 Month's Data - as on 23 Aug'13|
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Past Week: (click here for previous post)
Bears keep it below the Tenkan Sen last week #2..
Chikou Span closer to the Price line #1.
Gap between the Tenkan Sen and Kijun Sen is steady #3.
Bears hold the Index below the Tenkan Sen...
Looking Forward into the next Week:
Bulls need to get index above the Tenkan Sen, to get back the advantage #2.
Bear ability to get below the Kijun Sen determines their keeping the advantage #3.
Chikou Span's proximity to Price line important - to be watched #1.
Bears look at building on their advantage .... Bulls look to get back above the Tenkan Sen #2.