The Dow Jones - Ichimoku Study - Week: 22 April to 26 April: 2013 - Bulls get some back

                             .....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 26 April'13

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

Bulls get back some lost ground ..  #2..

The Oscillator #3 ticks even.

The Tenkan Sen is just as close as last week.#2

Advantage still held by 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 less apparent on the Oscillator #3.

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

Bears look forward to a reversal and getting below the Tenkan Sen - Bulls see the  good times continuing..