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Introduction / Primer to Ichimoku can be read at this link (click).
Learning from last Week: (click here for the previous post)
Index firms up above the 200% Fibonacci retrace of the July 2015 High to the February 2016 Low (Last major Hi-Lo).
Bulls kept well above the Tenkan Sen last week.
Bulls clear the 200% Fibo of the last Major Hi-Lo.
Looking forward into this Week:
Bulls now seek to stay above the 200% Fibonacci retrace of the Last major Hi-Lo.
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace, of the above mentioned Hi-Lo.
Bears seek to take the index below the 200% Fibo retrace, and take the index below the Tenkan Sen.