BSE Sensex - Ichimoku Study - Week: 08 October to 12 October, 2012 - Bears score

                         .....Regulars can skip below and go straight to the chart......

Introduction / Preamble can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Previous Signals seen on BSE 30 - Week Chart (EOW) as shown on chart below:

The Tenkan Sen Cross:  Weak  Bullish   Signal (Te)

The Senoku Span Cross:  Neutral  Bullish  Signal (Ss)

The Kijun Sen Cross: Neutral  Bullish Signal (K)

The Tenkan Sen/Kijun Sen Cross: Strong  Bullish Signal (T) 

The Kumo Break-out: Bullish Signal (B)  
The Chikou Span Cross:  Strong   Bullish Signal (Cc)  

BSE 30: Medium Term View (or) Week Chart (or) EOW with the Ichimoku Cloud:

The BSE  Sensex 30 - End of Week Chart - 12 October, 2012

Learning from the Past Week: (click here for the post)

The Thinning Kumo (a) worked to the advantage of the Bears - as pointed out last week.
The Chikou Span dives towards the Kumo (b).

Oscillator ticks up.

Looking forward into the next Week:

Bears look to reaching the Tenkan Sen to start making an impact.

Staying above the Kumo - advantage is with the Bulls.

The Thinning Kumo (a) remains an advantage for the Bears.
Chikou Span (b) reaching the Kumo is what we need to watch out for next.