The Dow Jones - Ichimoku Study - 17 December to 21 December, 2012 - Consolidation

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

Introduction 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 DJI 30 - Week Chart (EOW) marked on chart as per notes below

The Kumo Breakout: Strong Bullish  Signal (B)

The Flat Kumo: Bearish Signal (Ko)

The Chikou Span Cross:  Strong Bullish Signal (cC)  

The Kijun sen cross:  Strong Bullish Signal (K)  
Tenkan Sen Cross:  Strong Bullish Signal (Te)  


New:
The Tenkan Sen/Kijun Sen Cross:  Weak Bearish  Signal (T)

Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 21 December, 2012

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

Bearish - 'Kijun Sen (blue line) - Tenkan Sen' (red line) Cross #2 creates ranging.

The Oscillator ticks up into plus zone #4.

Chikou Span close to price line #1.

The Blue Line (Kijun Sen) and Red Line (Tenkan Sen) Cross, is causing some Consolidation. 

Looking Forward into the next Week:

A Senkou Span Cross #3 - if it happens from this position - is bad news for the Bulls.

Bulls keep the index above the MVWAP 34, Tekan Sen (red line) and the Kijun Sen (blue line) #2. 

Ranging above the Kijun Cross can continue #2.

Bearish Kijun Sen Cross / Senkou Span Cross is the next hope of the Shorts..

BSE Sensex - Ichimoku Study - Week: 17 December to 21 December, 2012 - Engulfed, now down..

                     .....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) marked on chart as per notes below:

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)  

Last:

The Tenkan Sen Cross:  Strong Bullish Signal (Te)  

BSE 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 21 December, 2012

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

Bulls keep above the Tenkan Sen #1 but lose ground..

Oscillator ticks up again. 

Flat Kumo effect on.

Last Week's red candle Engulfed the previous week's green candle - this week's candle closes below last week's.

Looking forward into the next Week:

Staying above the Kumo - advantage is with the Bulls.

Flat Kumo Effect could be on for a couple more weeks.

Bulls would need to remain above the Tenkan Sen #2 to keep the momentum on.

Possibility of a Bearish, 'Kijun Sen - Tenkan Sen' Cross continues to be the Bear Hope..