 |
| BSE 30 - End of Week Chart (EOW) - Analyzing 12 Month's Data - as on 06 Sept'13 |
Introduction / Primer to Ichimoku, can be read at this link (click).
Learning from the Past Week: (click here for previous post)
Bulls pull off a Kumo Break out #2 and get above the Tenkan Sen and Kijun Sen last week #3.
Bears retaliate with a Senkou Span Cross #4 and keep the Chikou Span below the Price Line #1.
Bulls get their Repulsion Bounce. Bears ensure stalemate.
Looking Forward into the next Week:
Chikou Span is close to Price Line - deflection or Cross possible #1.
Bullish Cross of the Kijun Sen and Tenkan Sen is the next Bull game #3.
Bears would want to keep the Bearish Senoku Span Cross #4 and reverse the Kumo Breakout #2.
Bears look to get back into the Kumo - Bulls want the Tenkan Sen above the Kijun Sen #3.
