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, closes above the Tenkan Sen #W2 and is spurned at the Chikou Span #W1.
Gap between the Senkou Span A & B low and steady #W3.
Gap between the Tenkan Sen and the Kijun Sen is also steady #W2.
Wrap:
Bears hold on to a Chikou Span Cross and Bearish Tenkan Sen-Kijun Sen Cross #W1 &W2.
Bulls find support near the Kumo and close above 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 and Chikou Span's position helping them along #W2.
