|BSE 30 - End of Week Chart (EOW) - Analyzing 12 Month's Data - as on 04 Oct'13|
Introduction / Primer to Ichimoku, can be read at this link (click).
Learning from the Past Week: (click here for previous post)
The Senkou Span A&B stay met, Tenkan Sen and Kijun Sen also stay met and they all read 19094.20 - a rare sight, third week in a row #5.
Bulls come back with a precise bounce off the Kumo #2.
Bears hold on to their last line #5..Bulls precisely bounce off Kumo #2.
Looking Forward into the next Week:
The Senkou Span B crossing above the Senkou Span A #4 or the Tenkan Sen above the Kijun Sen #3 would give the Bulls the Medium Term Screen completely.
Bears manage to hold their border with this line up $5.
Chikou Span remains close enough to Price Line - deflection or cross a couple of weeks away #1.
Bears desperate to hold their line #5 - Bulls seek to complete the kill #3 & #4.