Saturday, July 20, 2013

The Dow Jones - Ichimoku Study - Week: 15 July to 19 July - 2013 - Bulls make it another 'All time High'




Dow 30 - End of  Week Chart (EOW) - Analyzing 12 Month's Data - as on 19 July'13


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



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

Bulls make a new 'All Time High', post retake of the Tenkan Sen last week..  #2..
Chikou Span ticks up to its Highest level too #1.
Gap between the Tenkan Sen and Kijun Sen Narrows further #2.


Bulls make new 'All Time High' after getting back above the Tenkan Sen ...




Looking Forward into the next Week:

Bears need to get index below Tenkan Sen, to get back some advantage #2.
Narrowing Gap between the Tenkan Sen and Kijun Sen a concern for Bulls #1.
Bulls have crossed the previous All Time High, thus keeping up the momentum #2.


Bears eye life below the Tenkan Sen #2 .... Bulls seek more New Highs.





BSE Sensex - Ichimoku Study - Week: 15 July to 19 July: 2013 - Bulls level up to previous peaks



BSE 30 - End of  Week Chart (EOW) - Analyzing 12 Month's Data - as on 19 July'13


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



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

After the Bullish 'Tenkan Sen - Kijun Sen' CrossBulls continue on a Roll #2.
Index keeps above the Tenkan Sen  #2.
Chikou Span keeps above the price line #1.


Bullish Cross of the Tenkan Sen & Kijun Sen produces 4th week of gains for the Bulls #2.




Looking Forward into the next Week:

Bears can consider the Chikou Span slipping below the Price Line #1.
Gap between the Tenkan Sen - Kijun Sen is again steady - Bearish Cross on, if rate of Price Climb does not increase #2.
Flat Senoku Span B can attract the Price line towards it. #3.


Bulls watch for the Chikou Span keeping above the Price line - Bears  place their hope on Gravity and a Flat Kumo #3 ...