Monday, September 18, 2017

CAC 40 (Europe Paris) - Ichimoku Weekly Study - Deflection Pop - Week 3 of September 2017.

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 catapults above the Tenkan Sen (Blue) and Kijun Sen (red).

Tenkan Sen (Blue) and Kijun Sen (red line) remain crossed bearishly.
Chikou Span, deflects near the Price Line (left).

Chikou Span deflects off Price line. 
Index catapults above all the signals on the screen

Looking Forward into this Week:

Deflection (left) of the Chikou Span and Price Line gives it to the Bulls for now.

Senkou Span A&B converging (Right) is Bear Hope.
Tenkan Sen (Blue) and Kijun Sen (red line) remaining crossed bearishly - good for Bears.


Bears seek to get the index below the Tenkan Sen (blue).
Bulls after maintaining the Higher Low, strike higher.