Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the post)
Index stays below the Kijun Sen, touches the Chikou Span and above the Tenkan Sen #W2.
Gap between the Senkou Span A & B low and steady #W3.
Tenkan Sen is below the Kijun Sen #W2.
Wrap:
Bears hold on to a Chikou Span Cross and Bearish Tenkan Sen-Kijun Sen Cross #W1 &W2.
Bulls find support at the Kumo and retake the Tenkan Sen #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, possible #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.
