Saturday, September 14, 2013

BSE Sensex - Ichimoku Study - Kumo Cleared :- Week: 09 September to 13 September, 2013.

BSE 30 - End of  Week Chart (EOW) - Analyzing 12 Month's Data - as on 13 Sept'13

Introduction / Primer to Ichimoku, can be read at this link (click). 

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

Bullish Chikou Span Cross #1, puts Bears at a disadvantage.
Bears retain the Senkou Span Cross #4.

Bulls get out of the Kumo in Style #2..

Looking Forward into the next Week:

Chikou Span remains close to Price Line - one more deflection or Cross possible #1.
Bullish Cross of the Kijun Sen and Tenkan Sen is the next Bull 'want' #3.
Bears would want to keep the Bearish Senoku Span Cross #4.

Bears look to get back into the Kumo - Bulls want the Tenkan Sen above the Kijun Sen #3.