The Dow Jones - Ichimoku Study - Week: 04 March to 08 March, 2013 - Bulls make Up move..

                             .....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)  

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

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

Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 08 March'13

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

Bulls lunge up after mulling the move last week #2..

The Chikou Span #1, retains distance to the price line.

The Oscillator #3 ticks up marginally - divergence with Price continues.

Advantage now with the Bulls.

Looking Forward into the next Week:

Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #2.

Bearish Divergence apparent on the Oscillator #3.

Bulls would look at keeping the advantage - keeping clear of the Ichimoku Indicators.

Bears now look for a reversal,  crossing of the Tenkan Sen and the Kijun Sen - in the slightly distant future..