The Dow Jones - Ichimoku Study - Week: 22 July to 26 July - 2013 - Bulls Hold Highs

Dow 30 - End of  Week Chart (EOW) - Analyzing 12 Month's Data - as on 26 July'13

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



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

Bulls hold the new 'All Time High', post retake of the Tenkan Sen #2..
Chikou Span stays up #1.
Gap between the Tenkan Sen and Kijun Sen Narrows further #2.


Bulls keep the 'All Time High' made 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 keep near previous All Time High, momentum suffers #2.


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

BSE Sensex - Ichimoku Study - Week: 22 July to 26 July: 2013 - Bears use Gravity

BSE 30 - End of  Week Chart (EOW) - Analyzing 12 Month's Data - as on 26 July'13

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



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

Flat Kumo #3 rewards the Bears.
Current rate of Climb causes the Gap between the Tenkan Sen & Kijun Sen to narrow for a possible bearish cross #2.
Index keeps above the Tenkan Sen  #2.
Bears move the Chikou Span below the price line #1.


Bearish Cross of the Chikou Span and Price Line happens #1.




Looking Forward into the next Week:

Bulls can easily move the Chikou Span above the Price Line if downward momentum slacks a wee bit #1.
Gap between the Tenkan Sen - Kijun Sen narrows - 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 look to nudge the Chikou Span above the Price line - Bears  place their hope on Gravity and the Flat Kumo #3 ...