Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index after the Yo Yo at the Tenkan Sen, for 4 weeks, makes a dash for the ATH #W2.
Tenkan Sen and Kijun Sen, flat and gap steady #W2.
Senoku Span A & B, gap narrows #W3.
Wrap: Index moves to near the ATH #W2.
Looking Forward into this Week:
Bear journey back to the Kumo, hemmed by the Kijun Sen #W2.
Bearish Cross of Tenkan Sen & Kijun Sen, at current range, next on Bear Agenda #W2.
Chikou Span Deflection off the Index, makes the Bears lose the advantage #W2.
Wrap: Bulls look to stay above the Tenkan Sen and make new ATHs, the Bear's target life below the Kijun Sen Sen #W2.
Both look to break out of the current range.
