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| Dow 30 - End of Week Chart (EOW) - Analyzing 24 Month's Data - as on 14 Mar'14 |
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from last Week: (click here for previous post)
Bears force dive towards the Tenkan Sen as Old Highs prove slippery to Hold #W2.
Senoku Span A & B gap flat and steady #W3.
Gap between the Tenkan Sen and Kijun Sen also flat and steady #W2.
Wrap: Index slips near Old Highs #W2.
Looking Forward into this Week:
Senoku Span A & B - gap holding steady or increasing is good for Bulls now #W3.
Bearish Cross or Bullish Deflection of Tenkan Sen & Kijun Sen, would show direction going forward $W2.
Bulls wary of the Chikou span approaching the Price line #W1.
Wrap: Bulls want the Tenkan Sen and Kijun Sen staying apart #W2, Bears wish for a Senoku Span Cross #W3.
