Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index runs the range between the Kijun Sen and the Tenkan Sen #W1.
Gap between the Tenkan Sen and Kijun Sen dips #W2.
Senoku Span A & B, gap also dips #W3.
Chikou Span stays below the Price line #W1.
Wrap: Index takes support at the Kijun Sen. Chikou span within touching distance and below the Price line #W1.
Looking Forward into this Week:
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span slips below the Price line, however, Bears would have to make a steep dive now to keep it that way (see the candles after the Slip) #W1.
Wrap: Bulls look to stay above the Kijun Sen and aim for the All Time High, Bears want to work at keeping the Bearish Cross of the Chikou Span and the Price line and hit the Kumo #W2.
