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| BSE 30 - End of Week Chart (EOW) - Analyzing 18 Month's Data - as on 18 July'14 |
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the post)
Bull pull back fails to take the Tenkan Sen last week #W2.
Senkou Span A & B - gap flares up #W3.
Tenkan Sen and Kijun Sen gap also up #W2
Wrap: Bears succeed in keep index below Tenkan Sen #W2.
Looking Forward into this Week:
The Chikou Span, keeping current altitude, will need a few months to meet the price-line #W1.
Bulls want to stay above recent lows and get back above the Tenkan Sen #W2.
Wrap: Bears look to keep index below the Tenkan sen, Bull focus is to stay above recent lows and make it above the Tenkan Sen #W2.
