|BSE 30 - End of Week Chart (EOW) - Analyzing 12 Month's Data - as on 08 Aug'14|
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the post)
Bears keep it below the Tenkan Sen again, even as Bulls defend recent lows #W2.
Senkou Span A & B - gap steadies up #W3.
Tenkan Sen and Kijun Sen gap also steadies up#W2
Wrap: Bears keep index below Tenkan Sen again #W2.
Looking Forward into this Week:
The Chikou Span, keeping current altitude, will need a couple of months to meet the price-line #W1.
Thickening of the Kumo, favors the Bull Future #W3.
Tenkan Sen soars - giving Bulls a longer journey to dominance #W2.
Wrap: Bears look to keep the index below the Tenkan Sen and break recent lows , Bull focus is to get above the Tenkan Sen to break the ATH #W2.