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| BSE 30 - End of Week Chart (EOW) - Analyzing 12 Month's Data - as on 20 Sept'13 |
Introduction / Primer to Ichimoku, can be read at this link (click).
Learning from the Past Week: (click here for previous post)
The Senkou Span A&B meet, Tenkan Sen and Kijun Sen also meet and they all read 19094.20 - a rare sight indeed #5.
Bullish Chikou Span Cross #1, has given the Bulls another Green Week #2.
Bears hold on to the last line #5..
Looking Forward into the next Week:
The Senkou Span B crossing above the Senkou Span A #4 or the Tenkan Sen above the Kijun Sen #3 would give the Bulls the Medium Term Screen completely.
Bears just manage to hold their border with this line up $5.
Chikou Span remains close enough to Price Line - deflection or cross a couple of weeks away #1.
Bears desperate to hold their line #5 - Bulls seek to complete the kill #3 & #4.
