Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the post)
Index below the Tenkan Sen #W2, in another Yo Yo, as bulls lose steam #W1.
Gap between the Senkou Span A & B #W3 increases.
Gap between the Tenkan Sen & Kijun Sen decreases #W2.
Wrap: Bears move Index just below the Tenkan Sen, Bulls fight to prevent a cross of the Tekan Sen below the Kijun Sen #W2
Looking Forward into this Week:
Chikou Span at current altitude, can meet the Price line in a couple of weeks #W1.
Narrowing gap between the Tenkan Sen & Kijun Sen, opens possibility of bullish deflection or bearish cross #W2.
Wrap: Bulls aim for life above the Tenkan Sen. Bears look to push towards the Kumo once again, with a move below the Kijun Sen #W2.