Learning from the earlier Study: (click here for the post)
Bears close the week below the Tenkan Sen even as this line shoots up and runs into the Price line #W2.
Tenkan Sen and Kijun Sen, gap narrows #W2.
Senoku Span A & B, gap narrow widens #W3.
Thinning Kumo and Price line catch up #W2.
Wrap: Bears close index below Tenkan Sen even as Thinning Kumo just below the Price line #W2.
Looking Forward into this Week:
Bears eye the Thinning Kumo #W2 (Study Links here, here or elsewhere) for an opportunity to break into the Kumo.
Bearish Cross of Tenkan Sen & Kijun Sen, at current range, next on Bear Agenda even as the gap between these lines narrows #W2.
Chikou Span at current altitude, can meet up with the price line in a couple of weeks #W1.
Wrap: Bulls look to get back above the Tenkan Sen Pronto, Bears eye the Thinning Kumo to help bring the Index down #W2.
