The Dow Jones - Ichimoku Study - Week: 18 March to 22 March, 2013 - High Pause !

                             .....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 22 March'13

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

Bulls pause after the lunge up of last week #2..

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

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

Advantage continues 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,  getting below the Tenkan Sen - Bulls look for new highs..

BSE Sensex - Ichimoku Study - Week: 18 March to 22 March, 2013 - Bears force the pace..

                     .....Regulars can skip below and go straight to the chart......

Introduction / Preamble 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 BSE 30 - Week Chart (EOW) marked on chart as per notes below:

The Senoku Span Cross:  Neutral Bullish Signal (Ss)

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

The Kumo Break-out: Bullish Signal (B)  

The Flat Kumo: Bearish Signal (Ko)

The Tenkan Sen Cross:  Bearish Signal (Te)

New:

The Chikou Span Cross:  Weak Bearish Signal (Cc)

The Kijun Sen Cross: Weak Bearish Signal (K)

BSE 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 22 March'13

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

Bears bring index below the Kijun Sen #2.

Oscillator ticks down #3.

Chikou Span touches the Price line and makes a hair thin Bearish Cross #1.

A Bearish Chikou Span Cross as well as a Bearish Kijun Sen Cross, gives the bears the medium term screen..

Looking Forward into the next Week:

Getting above the Kijun Sen a must for Bulls next week #2.
Chikou Span staying below price line is good for Bears #1.

A Bearish Cross of the Tenkan Sen and Kijun Sen #2, would break the Bull's back.

A deflection of the Chikou Span #1, from the price line would be the Bull prayer for the next week..