TO READ THIS WEEK's POST CLICK HERE...

Monday, December 7, 2015

China - SSEC - Ichimoku Study - Tenkan Sen Holds - Week 2 of December 2015.







Introduction / Primer to Ichimoku can be read at this link (click). 



Learning from the Earlier Study: 
(click here for the previous post)


Index takes support at the Tenkan Sen, with action around the Kumo #W2.

Chikou Span stayssdips below the Kijun Sen #W1.
Senkou Span A & B, stay crossed Bearishly and rise #W3.

Wrap: 

Index rises and falls, with a rising Kumo #W2.




Looking Forward into this Week:


Bearish Senoku Span Cross is active (
Its called a 'Neutral' Bearish cross, because it occurred when the index was on Neutral territory i.e inside the Kumo) #W2.

Bulls seek to keep the index inside the Kumo #W2,.
Bulls continue to need the Tenkan Sen support, for the next rise inside the Kumo #W2.


Wrap:
Bears push for a resumption of the down trend, after the Senoku Span Cross #W3.
Bulls seek life in the Kumo and a steady up-move W2 .