Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Tenkan Sen and Kijun Sen after Separation the previous week, kick index off to a new ATH #W2.
Bulls make good use of the support at the Tenkan Sen #W2.
Senoku Span A & B gap widens #W3.
Wrap: Bulls kick off from the Tenkan Sen #W2, Bears after making a lower low (October'14), lose the plot, thanks to the Kumo #W2.
Looking Forward into this Week:
Bears aim for a journey back to the Kumo, starting with a move to below the Tenkan Sen #W2.
Bearish Cross of Tenkan Sen & Kijun Sen, on Bear Agenda in early 2015 #W2.
Chikou Span Cross/Deflection of the Index can show direction going forward #W2.
Wrap: Bulls look for higher ATHs going forward, while as Bears seek life below the Tenkan Sen in 2015 #W2.
