Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the post)
Index below the Tenkan Sen, Kijun Sen & Chikou Span #W2.
Gap between the Senkou Span A & B decreases #W3.
Tenkan Sen crosses below Kijun Sen #W2.
Wrap:
Bears achieve a Chikou Span Cross and Bearish Tenkan Sen-Kijun Sen Cross #W1 &W2.
Bulls manage to take support at the Kumo with a neat Bounce #W1.
Looking Forward into this Week:
Chikou Span can recross the Price line Bullishly, if this Bounce lasts long enough #W1.
Narrowing gap between the Senkou Spand A &B, makes a bullish deflection or bearish cross, near #W3.
Bull hope rests on staying above the rather thick Kumo (Study Links here, here or elsewhere) #W2.
Wrap:
Bulls fight to stay above the thick Kumo, in Bull territory, as all the Red Crosses on the Screen are deemed 'weak'.
Bears look to push into the Kumo, with the Bearish Tenkan Sen & Kijun Sen Cross helping them along #W2.
