Zoom into chart .. Click
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index takes off from Support as marked and maintain the up trend.
Index is at a Higher High and above all indicators.
Chikou Span (White) goes higher (extreme left).
Index spikes in the direction of the August 2015 High.
Looking Forward into this Week:
Bears want to see some red and a retest of Supports.
Bulls maintain Higher High - Higher Low in style.
Senkou Span A&B maintain their distance.
Bulls look to get to the next resistance and maintain higher lows.
Hopeful Bears seek to get index below the Tenkan Sen (Center).