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Saturday, July 6, 2013

The Dow Jones - Ichimoku Study - Week: 01 July to 05 July: 2013 - Bulls retake Tenkan Sen..



                             .....Regulars can skip below and go straight to the chart......

Introduction can be read at this link (click). 


Quick Reference : 
Chikou Span - pink line,
Kijun Sen - blue line, 
Senkou Span A - black line, 
Senkou Span B - grey line, 
Kumo - grey shaded area,
Tenkan Sen - red line.



Recent Signals seen on DJI 30 - Week Chart (EOW) marked on chart as per notes below

The Chikou Span Cross:  Strong Bullish Signal (cC)  
The Kijun sen cross:  Strong Bullish Signal (K) 
The Tenkan Sen/Kijun Sen Cross:  Strong Bullish Signal (T)


Last:
Tenkan Sen Cross:  Bullish Signal (Te)  




Dow 30 - End of  Week Chart (EOW) - Using 12 months Span - as on 05 July'13



Learning from the Past Week: (click here for that post)


Bulls retake the Tenkan Sen ..  #2..
The Oscillator #3 ticks down.
Chikou Span ticks up #1.
Gap between the Tenkan Sen and Kijun Sen Narrows #2.


Bulls back above the Tenkan Sen ...




Looking Forward into the next Week:

Bears need to get back the lost advantage - get index below Tenkan Sen #2.
Gap between the Tenkan Sen and Kijun Sen to be watched #1.
Bulls need to get the momentum back - oscillator ticking up again #3.



Bears eye life below the Tenkan Sen #2 .... Bulls seek momentum.





BSE Sensex - Ichimoku Study - Week: 01 July to 05 July: 2013 - Bullish Cross Pays off..



                     .....Regulars can skip below and go straight to the chart......


Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,
Kijun Sen - blue line, 
Senkou Span A - black line, 
Senkou Span B - grey line, 
Kumo - grey shaded area,
Tenkan Sen - red line.



Recent Signals seen on BSE 30 - Week Chart (EOW) marked on chart as per notes below:

The Chikou Span Cross:  Weak Bearish Signal (Cc)  
The Tenkan Sen/Kijun Sen Cross:  Strong Bullish Signal (T)
The Kijun Sen Cross: Strong Bullish Signal (K)

New:
The Tenkan Sen Cross:  Bullish Signal (Te)




BSE 30 - End of  Week Chart (EOW) - Using 12 months Span - as on 05 July'13




Learning from the Past Week: (click here for the post)


After the Bullish '
Tenkan Sen - Kijun Sen' CrossBulls see another Green Candle #2.
Index peeps above the Tenkan Sen  #2.
Chikou Span remains just below the price line #1.
Oscillator ticks down  #3.


Bullish Cross of the Tenkan Sen & Kijun Sen produces more gains for the Bulls #2.




Looking Forward into the next Week:


Tenkan Sen is the support the Bears need to break now #2.
A Bearish Tenkan Sen - Kijun Sen Cross now, may give Bears the booty #2.
Chikou Span action vis-a-vis  the price line remains critically important  #1.

Chikou Span is the action point for the Bulls next week ...